1700 Bellevue Avenue #301SeattleWA98122
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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 1700 Bellevue Avenue #301, Seattle, WA, 98122 earns $958/mo cash flow from $3,137/mo rent with a $1,774/mo payment. Total monthly income totals $3,137/mo, and annual cash flow totals $11,499/yr on $120,169 capital. ROI tracks 29.48% on current figures, and rental yield reads 10.38% at a $362,500 purchase. Equity gained on principal adds $2,339/yr, and 5% annual appreciation supports $100,152 over five years. Five-year ROI reaches 153.95% and total cumulative return in cash sums $184,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,137/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98122, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,284 (100%) |
| Owner Occupied HU | 6,016 (23.8%) |
| Renter Occupied HU | 16,924 (66.9%) |
| Vacant Housing Units | 2,344 ( 9.3%) |
| Median Home Value | $1,148,288 |
| Average Home Value | $1,265,324 |
Housing Distribution
Address Breakdown
Residential
25,551
Single Family
7,950
Multi-Family
17,601
Businesses
1,476
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Listed by: Monica Ulmer • Windermere West Metro
Mls Name: NWMLS
Mls ID: #2470836