1420 E Pine Street #E307SeattleWA98122
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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 1420 E Pine Street #E307, Seattle, WA, 98122 listed at $388,000 pairs $2,464/mo rent with a $1,899/mo payment to leave $132/mo cash flow. Total monthly income runs $2,464/mo, and annual cash flow reaches $1,581/yr on $128,622 cash to close. Return on cash invested measures 21.14% in year one, and rental yield registers 7.62% at a $388,000 basis. Equity gained on principal adds $2,504/yr, and annual property appreciation at 5% supports $107,197 by year five. Five-year ROI tracks 109.19% and total cumulative return in cash totals $140,440. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,464/mo property income relative to a $1,899/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98122, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,284 (100%) |
| Owner Occupied HU | 6,016 (23.8%) |
| Renter Occupied HU | 16,924 (66.9%) |
| Vacant Housing Units | 2,344 ( 9.3%) |
| Median Home Value | $1,148,288 |
| Average Home Value | $1,265,324 |
Housing Distribution
Address Breakdown
Residential
25,551
Single Family
7,950
Multi-Family
17,601
Businesses
1,476
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Listed by: Stine Jackson • COMPASS
Mls Name: NWMLS
Mls ID: #2419704