12051 Hiram Place NESeattleWA98125
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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 12051 Hiram Place NE, Seattle, WA, 98125 listed at $550,000 pairs $2,986/mo rent with a $2,692/mo payment. Total monthly income runs $2,986/mo. Return on cash invested measures 17.94% in year one, and rental yield registers 6.51% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 92.01% and total cumulative return in cash totals $166,486. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,986/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1931
3,463 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98125, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,204 (100%) |
| Owner Occupied HU | 8,684 (41.0%) |
| Renter Occupied HU | 11,064 (52.2%) |
| Vacant Housing Units | 1,456 ( 6.9%) |
| Median Home Value | $909,506 |
| Average Home Value | $1,044,969 |
Housing Distribution
Address Breakdown
Residential
20,477
Single Family
10,907
Multi-Family
9,570
Businesses
835
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Listed by: Jeanie Kendall • KW Greater Seattle
Mls Name: NWMLS
Mls ID: #2467103