1603 SW Kenyon StreetSeattleWA98106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1603 SW Kenyon Street, Seattle, WA, 98106 offers a 6.73% rental yield on a $639,800 purchase with $3,590/mo rent. 6% in year one. Equity gained on principal adds $4,129/yr while 5% annual appreciation supports $176,765 over five years. Portfolio math shows five-year ROI at 95.55% and total cumulative return in cash at $201,135. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,590/mo property income against a $3,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
1,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98106, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,278 (100%) |
| Owner Occupied HU | 6,315 (56.0%) |
| Renter Occupied HU | 4,548 (40.3%) |
| Vacant Housing Units | 415 ( 3.7%) |
| Median Home Value | $731,639 |
| Average Home Value | $831,135 |
Housing Distribution
Address Breakdown
Residential
11,266
Single Family
8,359
Multi-Family
2,907
Businesses
483
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phuong T. Le • Dove Realty, Inc.
Mls Name: NWMLS
Mls ID: #2464960