10647 Marine View Drive SWSeattleWA98146
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 10647 Marine View Drive SW, Seattle, WA, 98146 in Seattle fits: $1,695,000, 3.32% gross yield, and a projected 5% annual appreciation rate adding $468,297 in value within five years. Rental yield 3.32%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.61) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $15,611/yr in principal paydown and $468,297 in appreciation project a total return of $287,290.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 4.8% |
| Monthly Cash Flow | $(5,503) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,686 |
| Total Monthly Debt Service | $9,515 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1936
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98146, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,440 (100%) |
| Owner Occupied HU | 6,609 (57.8%) |
| Renter Occupied HU | 4,299 (37.6%) |
| Vacant Housing Units | 532 ( 4.7%) |
| Median Home Value | $722,383 |
| Average Home Value | $838,572 |
Housing Distribution
Address Breakdown
Residential
10,786
Single Family
8,992
Multi-Family
1,794
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1936
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98146, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,440 (100%) |
| Owner Occupied HU | 6,609 (57.8%) |
| Renter Occupied HU | 4,299 (37.6%) |
| Vacant Housing Units | 532 ( 4.7%) |
| Median Home Value | $722,383 |
| Average Home Value | $838,572 |
Housing Distribution
Address Breakdown
Residential
10,786
Single Family
8,992
Multi-Family
1,794
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Southard • Upgrade Realty
Mls Name: NWMLS
Mls ID: #2417000