111 13th Avenue E #ASeattleWA98102
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 111 13th Avenue E #A, Seattle, WA, 98102 in Seattle is a conservative rental investment at $803,500. Rental yield 7.17%. A 1.33 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $221,992; $7,400/yr in principal paydown supplements. Total projected return: $297,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 4.8% |
| Monthly Cash Flow | $(106) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,804 |
| Total Monthly Debt Service | $4,590 |
| DSCR Ratio | 1.05x |
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.
Townhouse
Built in 2011
1,184 sqft lot
$N/A/sqft
$240 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98102, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,617 (100%) |
| Owner Occupied HU | 4,535 (24.4%) |
| Renter Occupied HU | 12,560 (67.5%) |
| Vacant Housing Units | 1,522 ( 8.2%) |
| Median Home Value | $1,367,110 |
| Average Home Value | $1,409,002 |
Housing Distribution
Address Breakdown
Residential
17,363
Single Family
3,956
Multi-Family
13,407
Businesses
799
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
Townhouse
Built in 2011
1,184 sqft lot
$N/A/sqft
$240 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98102, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,617 (100%) |
| Owner Occupied HU | 4,535 (24.4%) |
| Renter Occupied HU | 12,560 (67.5%) |
| Vacant Housing Units | 1,522 ( 8.2%) |
| Median Home Value | $1,367,110 |
| Average Home Value | $1,409,002 |
Housing Distribution
Address Breakdown
Residential
17,363
Single Family
3,956
Multi-Family
13,407
Businesses
799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Grotelueschen • Keller Williams Seattle Metro
Mls Name: NWMLS
Mls Provider:
Mls ID: #2373146
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 03:09:36 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)