1742 NE 89th StreetSeattleWA98115
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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 1742 NE 89th Street, Seattle, WA, 98115 uses $279,650 cash to close to unlock $1,882/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $5,266/mo, and a $4,160/mo payment keeps the spread at $157/mo. Purchase price stands at $850,000, and rental yield measures 7.43% with $5,266/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 106.99% and total cumulative return in cash records $299,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,266/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1931
6,381 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98115, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,872 (100%) |
| Owner Occupied HU | 14,113 (54.5%) |
| Renter Occupied HU | 10,553 (40.8%) |
| Vacant Housing Units | 1,206 ( 4.7%) |
| Median Home Value | $1,198,608 |
| Average Home Value | $1,277,172 |
Housing Distribution
Address Breakdown
Residential
25,339
Single Family
17,008
Multi-Family
8,331
Businesses
1,209
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Listed by: Erik Zaugg • Lake & Company
Mls Name: NWMLS
Mls ID: #2452626