1717 E Spruce St.SeattleWA98122
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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 1717 E Spruce St, Seattle, WA, 98122 earns from $3,344/mo rent with a $3,181/mo payment. Total monthly income totals $3,344/mo. ROI tracks 16.9% on current figures, and rental yield reads 6.17% at a $649,900 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 over five years. Five-year ROI reaches 86.46% and total cumulative return in cash sums $184,866. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,344/mo property income instead of your personal income.
Single Family
Built in 1989
2,692 sqft 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: Kham Beitlers • Keller Williams Rlty Bellevue
Mls Name: NWMLS
Mls ID: #2463263