12053 70 Avenue SSeattleWA98178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 12053 70 Avenue S, Seattle, WA, 98178 listed at $699,000 pairs $3,666/mo rent with a $3,421/mo payment. Total monthly income runs $3,666/mo. Return on cash invested measures 17.27% in year one, and rental yield registers 6.29% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 88.4% and total cumulative return in cash totals $203,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,666/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1944
6,664 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98178, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,308 (100%) |
| Owner Occupied HU | 6,066 (65.2%) |
| Renter Occupied HU | 2,839 (30.5%) |
| Vacant Housing Units | 403 ( 4.3%) |
| Median Home Value | $736,884 |
| Average Home Value | $853,702 |
Housing Distribution
Address Breakdown
Residential
9,600
Single Family
7,879
Multi-Family
1,721
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hiep Vinh • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2433550