1808 Minor Avenue #3409SeattleWA98101
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
Investment Highlights
Investment property for sale in Seattle at 1808 Minor Avenue #3409, Seattle, WA, 98101 listed at $429,950 pairs $2,653/mo rent with a $2,104/mo payment to leave $69/mo cash flow. Total monthly income runs $2,653/mo, and annual cash flow reaches $827/yr on $142,528 cash to close. Return on cash invested measures 20.49% in year one, and rental yield registers 7.4% at a $429,950 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,787 by year five. Five-year ROI tracks 105.7% and total cumulative return in cash totals $150,659. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,653/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98101, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,771 (100%) |
| Owner Occupied HU | 1,984 (14.4%) |
| Renter Occupied HU | 9,890 (71.8%) |
| Vacant Housing Units | 1,897 (13.8%) |
| Median Home Value | $1,195,402 |
| Average Home Value | $1,286,007 |
Housing Distribution
Address Breakdown
Residential
12,702
Single Family
664
Multi-Family
12,038
Businesses
2,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Dickinson • eXp Realty
Mls Name: NWMLS
Mls ID: #2464986