1400 Hubbell Place #1304SeattleWA98101
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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 1400 Hubbell Place #1304, Seattle, WA, 98101 uses $101,108 cash to close to unlock $3,173/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $2,098/mo, and a $1,493/mo payment keeps the spread at $264/mo. Purchase price stands at $305,000, and rental yield measures 8.25% with $2,098/mo rent. Return on cash invested shows 23.05% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 119.45% and total cumulative return in cash records $120,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,098/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Condo
Built in 1957
0.59 Acres 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: Ryan Rockwell • COMPASS
Mls Name: NWMLS
Mls ID: #2470055