1101 17th Avenue #201SeattleWA98122
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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 1101 17th Avenue #201, Seattle, WA, 98122 uses $87,185 cash to close to unlock $6,940/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $2,159/mo, and a $1,287/mo payment keeps the spread at $578/mo. Purchase price stands at $263,000, and rental yield measures 9.85% with $2,159/mo rent. Return on cash invested shows 27.87% in year one, and 5% annual appreciation builds toward $72,662 over five years. Five-year ROI reaches 145.35% and total cumulative return in cash records $126,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,159/mo property income covering a $1,287/mo payment rather than investor’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98122, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,284 (100%) |
| Owner Occupied HU | 6,016 (23.8%) |
| Renter Occupied HU | 16,924 (66.9%) |
| Vacant Housing Units | 2,344 ( 9.3%) |
| Median Home Value | $1,148,288 |
| Average Home Value | $1,265,324 |
Housing Distribution
Address Breakdown
Residential
25,551
Single Family
7,950
Multi-Family
17,601
Businesses
1,476
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Listed by: Jimmy Chuang • Windermere RE/Capitol Hill,Inc
Mls Name: NWMLS
Mls ID: #2443179