10620 Rainier Ave SSeattleWA98178
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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 10620 Rainier Ave S, Seattle, WA, 98178 offers a 2.62% rental yield on a $1,839,000 purchase with $4,015/mo rent. 98% in year one. Equity gained on principal adds $11,867/yr while 5% annual appreciation supports $508,082 over five years. Portfolio math shows five-year ROI at 27.87% and total cumulative return in cash at $166,084. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,015/mo property income against a $9,001/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98178, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,308 (100%) |
| Owner Occupied HU | 6,066 (65.2%) |
| Renter Occupied HU | 2,839 (30.5%) |
| Vacant Housing Units | 403 ( 4.3%) |
| Median Home Value | $736,884 |
| Average Home Value | $853,702 |
Housing Distribution
Address Breakdown
Residential
9,600
Single Family
7,879
Multi-Family
1,721
Businesses
248
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Listed by: N/A • N/A
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