17732 46th Avenue SSeattleWA98188
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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 17732 46th Avenue S, Seattle, WA, 98188 offers a 8.45% rental yield on a $529,999 purchase with $3,732/mo rent. Total monthly income registers $3,732/mo, and a $2,594/mo payment leaves $546/mo available for distribution. Annual cash flow reaches $6,554/yr on $174,370 to close, and return on cash invested stands at 23.82% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 123.57% and total cumulative return in cash at $215,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,732/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
10,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98188, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,732 (100%) |
| Owner Occupied HU | 4,881 (41.6%) |
| Renter Occupied HU | 6,140 (52.3%) |
| Vacant Housing Units | 711 ( 6.1%) |
| Median Home Value | $596,030 |
| Average Home Value | $656,865 |
Housing Distribution
Address Breakdown
Residential
10,709
Single Family
5,184
Multi-Family
5,525
Businesses
1,671
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Listed by: Stephanie McKim • PNW Realty
Mls Name: NWMLS
Mls ID: #2437646