16255 38th Ave NESeattleWA98155
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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 16255 38th Ave NE, Seattle, WA, 98155 listed at $1,556,400 pairs $6,086/mo rent with a $7,618/mo payment. Total monthly income runs $6,086/mo. Return on cash invested measures 12.4% in year one, and rental yield registers 4.69% at a $1,556,400 basis. Equity gained on principal adds $10,043/yr, and annual property appreciation at 5% supports $430,005 by year five. Five-year ROI tracks 62.33% and total cumulative return in cash totals $314,299. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,086/mo property income relative to a $7,618/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98155, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,250 (100%) |
| Owner Occupied HU | 9,696 (63.6%) |
| Renter Occupied HU | 4,890 (32.1%) |
| Vacant Housing Units | 664 ( 4.4%) |
| Median Home Value | $838,733 |
| Average Home Value | $955,198 |
Housing Distribution
Address Breakdown
Residential
14,728
Single Family
11,797
Multi-Family
2,931
Businesses
607
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Listed by: N/A • N/A
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