1115 24th Ave SSeattleWA98144
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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 1115 24th Ave S, Seattle, WA, 98144 offers a 5.89% rental yield on a $979,900 purchase with $4,806/mo rent. 76% in year one. Equity gained on principal adds $6,323/yr while 5% annual appreciation supports $270,728 over five years. Portfolio math shows five-year ROI at 80.39% and total cumulative return in cash at $259,181. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,806/mo property income against a $4,796/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
2,457 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98144, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,585 (100%) |
| Owner Occupied HU | 7,110 (40.4%) |
| Renter Occupied HU | 8,988 (51.1%) |
| Vacant Housing Units | 1,487 ( 8.5%) |
| Median Home Value | $954,137 |
| Average Home Value | $1,148,559 |
Housing Distribution
Address Breakdown
Residential
17,571
Single Family
9,141
Multi-Family
8,430
Businesses
880
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Listed by: N/A • N/A
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