12629 16th Avenue SSeattleWA98168
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
Rental property for sale in Seattle at 12629 16th Avenue S, Seattle, WA, 98168 generates $3,301/mo in rent, after a $3,181/mo payment. Total monthly income is $3,301/mo. Return on cash invested sits at 16.66% in year one, and rental yield is 6.09% on a $649,950 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,569 over five years. Five-year ROI reaches 85.17% and total cumulative return in cash sums $182,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,301/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98168, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,207 (100%) |
| Owner Occupied HU | 7,005 (53.0%) |
| Renter Occupied HU | 5,723 (43.3%) |
| Vacant Housing Units | 479 ( 3.6%) |
| Median Home Value | $624,312 |
| Average Home Value | $682,764 |
Housing Distribution
Address Breakdown
Residential
12,835
Single Family
8,997
Multi-Family
3,838
Businesses
1,015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Glenn Harrison • Windermere Real Estate Co.
Mls Name: NWMLS
Mls ID: #2379002