1136 13th Avenue UNIT 104SeattleWA98122
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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 1136 13th Avenue UNIT 104, Seattle, WA, 98122 uses $84,698 cash to close to unlock $4,460/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $2,530/mo, and a $1,251/mo payment keeps the spread at $372/mo. Purchase price stands at $255,500, and rental yield measures 11.88% with $2,530/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $70,590 over five years. Five-year ROI reaches 134.05% and total cumulative return in cash records $113,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $1,251/mo payment rather than investor’s personal income.
Condo
Built in 1924
0.26 Acres lot
$N/A/sqft
$622 monthly 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: Tyler Morgan • Real Broker LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2308611
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.