11040 11th Ave SWSeattleWA98146
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 11040 11th Ave SW, Seattle, WA, 98146 in Seattle earns a 9.06% gross yield at $499,950. Rent of $3,774/mo nets $769/mo after the $2,248/mo mortgage. The 1.68 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $138,127 and $4,605/yr in equity accumulation project a total cumulative return of $238,667.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.8% |
| Monthly Cash Flow | $769 | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,774 |
| Total Monthly Debt Service | $2,806 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1934
7,670 sqft 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 1934
7,670 sqft 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: N/A • N/A
Mls Name: NWMLS
Mls ID: #2475361