110 SW 116th Street #A13SeattleWA98146
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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 #A13, Seattle, WA, 98146 generates $1,790/mo in rent and, after a $905/mo payment, leaves $678/mo in cash flow. Total monthly income is $1,790/mo, and annual cash flow is $8,141/yr on $61,328 invested. Return on cash invested sits at 33.18% in year one, and rental yield is 11.61% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 173.84% and total cumulative return in cash sums $106,611. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,790/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: Jonathan Minerick • homecoin.com
Mls Name: NWMLS
Mls ID: #2439602