110 SW 116th Street #A11SeattleWA98146
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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
Rental property for sale in Seattle at 110 SW 116th Street #A11, Seattle, WA, 98146 generates $1,359/mo in rent and, after a $857/mo payment, leaves $307/mo in cash flow. Total monthly income is $1,359/mo, and annual cash flow is $3,679/yr on $58,013 invested. Return on cash invested sits at 26.25% in year one, and rental yield is 9.32% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 136.66% and total cumulative return in cash sums $79,279. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,359/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A 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
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Listed by: Christopher Lawrence • Trillionaire Realty
Mls Name: NWMLS
Mls ID: #2460394