15002 4th Avenue SSeattleWA98148
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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 15002 4th Avenue S, Seattle, WA, 98148 generates $3,335/mo in rent, after a $3,079/mo payment. Total monthly income is $3,335/mo. Return on cash invested sits at 17.47% in year one, and rental yield is 6.36% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 89.51% and total cumulative return in cash sums $185,241. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,335/mo property income rather than buyer’s personal income.
Multi Family
Built in 1955
6,198 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98148, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,939 (100%) |
| Owner Occupied HU | 1,877 (47.7%) |
| Renter Occupied HU | 1,964 (49.9%) |
| Vacant Housing Units | 98 ( 2.5%) |
| Median Home Value | $623,459 |
| Average Home Value | $684,024 |
Housing Distribution
Address Breakdown
Residential
4,527
Single Family
2,104
Multi-Family
2,423
Businesses
519
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Listed by: Robin M. Tomazic • RE/MAX Metro Realty, Inc.
Mls Name: NWMLS
Mls ID: #2432512