17431 Ambaum Boulevard S #B13SeattleWA98148
INVESTMENT ANALYSIS
Investment Verdict
Solid Income17431 Ambaum Boulevard S #B13, Seattle, WA, 98148 in Seattle carries a 1.60 coverage ratio, rent of $2,192/mo is 1.60 times the $1,371/mo payment. Rental yield 8.63%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $305,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $84,266; total projected cumulative return: $138,542.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.8% |
| Monthly Cash Flow | $(147) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,192 |
| Total Monthly Debt Service | $1,712 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98148, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,939 (100%) |
| Owner Occupied HU | 1,877 (47.7%) |
| Renter Occupied HU | 1,964 (49.9%) |
| Vacant Housing Units | 98 ( 2.5%) |
| Median Home Value | $623,459 |
| Average Home Value | $684,024 |
Housing Distribution
Address Breakdown
Residential
4,527
Single Family
2,104
Multi-Family
2,423
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98148, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,939 (100%) |
| Owner Occupied HU | 1,877 (47.7%) |
| Renter Occupied HU | 1,964 (49.9%) |
| Vacant Housing Units | 98 ( 2.5%) |
| Median Home Value | $623,459 |
| Average Home Value | $684,024 |
Housing Distribution
Address Breakdown
Residential
4,527
Single Family
2,104
Multi-Family
2,423
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2489653