12203 48th Avenue S #A & BSeattleWA98178
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 12203 48th Avenue S #A & B, Seattle, WA, 98178 earns $299/mo cash flow from $2,703/mo rent with a $1,957/mo payment. Total monthly income totals $2,703/mo, and annual cash flow totals $3,593/yr on $132,567 capital. ROI tracks 22.62% on current figures, and rental yield reads 8.11% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 117.17% and total cumulative return in cash sums $155,324. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,703/mo property income instead of your personal income.
Single Family
Built in 1959
5,998 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: Stephanie L. Marsh • RE/MAX All City
Mls Name: NWMLS
Mls ID: #2463577