1709 SW Cloverdale StreetSeattleWA98106
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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 1709 SW Cloverdale Street, Seattle, WA, 98106 offers a 7.89% rental yield on a $599,000 purchase with $3,938/mo rent. Total monthly income registers $3,938/mo, and a $2,932/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,045/yr on $197,071 to close, and return on cash invested stands at 22.11% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 114.41% and total cumulative return in cash at $225,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,938/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
4,726 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
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Listed by: Robin M. Tomazic • RE/MAX Metro Realty, Inc.
Mls Name: NWMLS
Mls ID: #2445310