1416 N 47th Street #BSeattleWA98103
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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 1416 N 47th Street #B, Seattle, WA, 98103 listed at $1,229,000 pairs $5,974/mo rent with a $6,015/mo payment. Total monthly income runs $5,974/mo. Return on cash invested measures 16.11% in year one, and rental yield registers 5.83% at a $1,229,000 basis. Equity gained on principal adds $7,931/yr, and annual property appreciation at 5% supports $339,550 by year five. Five-year ROI tracks 82.13% and total cumulative return in cash totals $327,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,974/mo property income relative to a $6,015/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1,115 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98103, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,485 (100%) |
| Owner Occupied HU | 12,186 (42.8%) |
| Renter Occupied HU | 14,816 (52.0%) |
| Vacant Housing Units | 1,483 ( 5.2%) |
| Median Home Value | $1,179,785 |
| Average Home Value | $1,252,363 |
Housing Distribution
Address Breakdown
Residential
26,783
Single Family
15,098
Multi-Family
11,685
Businesses
2,261
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Listed by: Teo Okamura • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2450900