1321 Seneca Street #2103SeattleWA98101
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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
Rental property for sale in Seattle at 1321 Seneca Street #2103, Seattle, WA, 98101 generates $3,472/mo in rent, after a $3,406/mo payment. Total monthly income is $3,472/mo. Return on cash invested sits at 16.33% in year one, and rental yield is 5.99% on a $695,950 entry. Equity gained on principal adds $4,491/yr, while 5% annual appreciation builds toward $192,278 over five years. Five-year ROI reaches 83.39% and total cumulative return in cash sums $190,936. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,472/mo property income rather than buyer’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98101, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,771 (100%) |
| Owner Occupied HU | 1,984 (14.4%) |
| Renter Occupied HU | 9,890 (71.8%) |
| Vacant Housing Units | 1,897 (13.8%) |
| Median Home Value | $1,195,402 |
| Average Home Value | $1,286,007 |
Housing Distribution
Address Breakdown
Residential
12,702
Single Family
664
Multi-Family
12,038
Businesses
2,260
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Listed by: Hannah Wilson-Hillard • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2436940