1055 S Cloverdale StreetSeattleWA98108
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Seattle at 1055 S Cloverdale Street, Seattle, WA, 98108 offers a 7.7% rental yield on a $514,950 purchase with $3,306/mo rent. Total monthly income registers $3,306/mo, and a $2,520/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,532/yr on $169,419 to close, and return on cash invested stands at 21.55% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,271 over five years. Portfolio math shows five-year ROI at 111.39% and total cumulative return in cash at $188,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,306/mo property income against a $2,520/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
736.16 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98108, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,328 (100%) |
| Owner Occupied HU | 4,948 (53.0%) |
| Renter Occupied HU | 3,922 (42.0%) |
| Vacant Housing Units | 458 ( 4.9%) |
| Median Home Value | $749,652 |
| Average Home Value | $849,608 |
Housing Distribution
Address Breakdown
Residential
8,731
Single Family
7,391
Multi-Family
1,340
Businesses
1,776
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Listed by: Brad Howell • COMPASS
Mls Name: NWMLS
Mls ID: #2474616