18446 40th Place NESeattleWA98155
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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 18446 40th Place NE, Seattle, WA, 98155 earns from $5,800/mo rent with a $6,828/mo payment. Total monthly income totals $5,800/mo. ROI tracks 13.5% on current figures, and rental yield reads 4.99% at a $1,395,000 purchase. Equity gained on principal adds $9,002/yr, and 5% annual appreciation supports $385,413 over five years. Five-year ROI reaches 68.17% and total cumulative return in cash sums $308,110. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,800/mo property income instead of your personal income.
Single Family
Built in 1979
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98155, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,250 (100%) |
| Owner Occupied HU | 9,696 (63.6%) |
| Renter Occupied HU | 4,890 (32.1%) |
| Vacant Housing Units | 664 ( 4.4%) |
| Median Home Value | $838,733 |
| Average Home Value | $955,198 |
Housing Distribution
Address Breakdown
Residential
14,728
Single Family
11,797
Multi-Family
2,931
Businesses
607
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Listed by: Laurie Roseth Darrow • Keller Williams Realty Bothell
Mls Name: NWMLS
Mls ID: #2416046