115 W Comstock StreetSeattleWA98119
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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
Rental property for sale in Seattle at 115 W Comstock Street, Seattle, WA, 98119 offers $6,150/mo rent that, after a $9,544/mo payment. Total monthly income is $6,150/mo. Return on cash invested measures 9.79% in year one, and rental yield stands at 3.78% at a $1,950,000 entry. Equity gained on principal adds $12,583/yr while 5% annual appreciation compounds into $538,749 by year five. Five-year ROI records 48.23% and total cumulative return in cash reaches $304,709. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,150/mo property income versus a $9,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98119, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,303 (100%) |
| Owner Occupied HU | 5,344 (34.9%) |
| Renter Occupied HU | 8,857 (57.9%) |
| Vacant Housing Units | 1,102 ( 7.2%) |
| Median Home Value | $1,368,989 |
| Average Home Value | $1,414,364 |
Housing Distribution
Address Breakdown
Residential
14,152
Single Family
5,404
Multi-Family
8,748
Businesses
905
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Listed by: Shannon Campbell • COMPASS
Mls Name: NWMLS
Mls ID: #2435698