12037 Fremont Avenue N #1 & 2SeattleWA98133
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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 12037 Fremont Avenue N #1 & 2, Seattle, WA, 98133 generates $7,370/mo in rent, after a $8,296/mo payment. Total monthly income is $7,370/mo. Return on cash invested sits at 14.21% in year one, and rental yield is 5.22% on a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation builds toward $468,297 over five years. Five-year ROI reaches 71.95% and total cumulative return in cash sums $395,133. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,370/mo property income rather than buyer’s personal income.
Condo
Built in 2025
3,519 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98133, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,476 (100%) |
| Owner Occupied HU | 11,256 (44.2%) |
| Renter Occupied HU | 12,685 (49.8%) |
| Vacant Housing Units | 1,535 ( 6.0%) |
| Median Home Value | $831,940 |
| Average Home Value | $930,805 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
13,248
Multi-Family
10,471
Businesses
1,308
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Listed by: Tracey Kipp • West Seattle Realty
Mls Name: NWMLS
Mls ID: #2452646