1533 18th Avenue S #5SeattleWA98144
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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 1533 18th Avenue S #5, Seattle, WA, 98144 earns $721/mo cash flow from $3,606/mo rent with a $2,349/mo payment. Total monthly income totals $3,606/mo, and annual cash flow totals $8,652/yr on $159,120 capital. ROI tracks 25.35% on current figures, and rental yield reads 9.01% at a $480,000 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 over five years. Five-year ROI reaches 131.75% and total cumulative return in cash sums $209,645. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,606/mo property income instead of your personal income.
Condo
Built in 1994
6,006 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98144, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,585 (100%) |
| Owner Occupied HU | 7,110 (40.4%) |
| Renter Occupied HU | 8,988 (51.1%) |
| Vacant Housing Units | 1,487 ( 8.5%) |
| Median Home Value | $954,137 |
| Average Home Value | $1,148,559 |
Housing Distribution
Address Breakdown
Residential
17,571
Single Family
9,141
Multi-Family
8,430
Businesses
880
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Listed by: Gregory Towne • eXp Realty
Mls Name: NWMLS
Mls ID: #2436728