1100 S Atlantic Street #209SeattleWA98134
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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 1100 S Atlantic Street #209, Seattle, WA, 98134 offers a 9.05% rental yield on a $385,000 purchase with $2,904/mo rent. Total monthly income registers $2,904/mo, and a $1,884/mo payment leaves $590/mo available for distribution. Annual cash flow reaches $7,081/yr on $127,628 to close, and return on cash invested stands at 25.46% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 132.39% and total cumulative return in cash at $168,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,904/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98134, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 589 (100%) |
| Owner Occupied HU | 249 (42.3%) |
| Renter Occupied HU | 306 (52.0%) |
| Vacant Housing Units | 34 ( 5.8%) |
| Median Home Value | $960,938 |
| Average Home Value | $997,390 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
13
Multi-Family
191
Businesses
1,545
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Listed by: Jeremiah Kerk • RE/MAX Eastside Brokers, Inc.
Mls Name: NWMLS
Mls ID: #2436283