12408 1st Ave SW #98146SeattleWA98146
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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 12408 1st Ave SW #98146, Seattle, WA, 98146 offers a 0% rental yield on a $575,700 purchase with $0/mo rent. 87% in year one. Equity gained on principal adds $3,715/yr while 5% annual appreciation supports $159,055 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,818/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98146, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,440 (100%) |
| Owner Occupied HU | 6,609 (57.8%) |
| Renter Occupied HU | 4,299 (37.6%) |
| Vacant Housing Units | 532 ( 4.7%) |
| Median Home Value | $722,383 |
| Average Home Value | $838,572 |
Housing Distribution
Address Breakdown
Residential
10,786
Single Family
8,992
Multi-Family
1,794
Businesses
453
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Listed by: N/A • N/A
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Mls ID: #N/A