1609 California Avenue SW #ASeattleWA98116
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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 1609 California Avenue SW #A, Seattle, WA, 98116 earns from $5,017/mo rent with a $4,591/mo payment. Total monthly income totals $5,017/mo. ROI tracks 17.64% on current figures, and rental yield reads 6.42% at a $938,000 purchase. Equity gained on principal adds $6,053/yr, and 5% annual appreciation supports $259,152 over five years. Five-year ROI reaches 90.42% and total cumulative return in cash sums $279,050. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,017/mo property income instead of your personal income.
Townhouse
Built in 2008
1,237 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98116, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,246 (100%) |
| Owner Occupied HU | 7,092 (49.8%) |
| Renter Occupied HU | 6,420 (45.1%) |
| Vacant Housing Units | 734 ( 5.2%) |
| Median Home Value | $1,120,764 |
| Average Home Value | $1,275,439 |
Housing Distribution
Address Breakdown
Residential
14,702
Single Family
7,904
Multi-Family
6,798
Businesses
790
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Listed by: RaeAnne Marcum • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2408502