172 Paradise DriveSeattleWA98304
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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
Rental property for sale in Seattle at 172 Paradise Drive, Seattle, WA, 98304 generates $1,142/mo in rent, after a $2,080/mo payment. Total monthly income is $1,142/mo. Return on cash invested sits at 7.88% in year one, and rental yield is 3.22% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 38.09% and total cumulative return in cash sums $53,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,142/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98304, Ashford, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 294 (44.9%) |
| Renter Occupied HU | 67 (10.2%) |
| Vacant Housing Units | 294 (44.9%) |
| Median Home Value | $526,846 |
| Average Home Value | $511,378 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
238
Multi-Family
0
Businesses
28
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Listed by: Heather Maddox • Windermere Real Estate/PSR Inc
Mls Name: NWMLS
Mls ID: #2436547