1901 S State Street #BSeattleWA98144
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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 1901 S State Street #B, Seattle, WA, 98144 listed at $599,999 pairs $2,880/mo rent with a $2,937/mo payment. Total monthly income runs $2,880/mo. Return on cash invested measures 15.64% in year one, and rental yield registers 5.76% at a $599,999 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 79.68% and total cumulative return in cash totals $157,283. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2018
788.44 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98144, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,585 (100%) |
| Owner Occupied HU | 7,110 (40.4%) |
| Renter Occupied HU | 8,988 (51.1%) |
| Vacant Housing Units | 1,487 ( 8.5%) |
| Median Home Value | $954,137 |
| Average Home Value | $1,148,559 |
Housing Distribution
Address Breakdown
Residential
17,571
Single Family
9,141
Multi-Family
8,430
Businesses
880
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Listed by: Mark T. Emily • Windermere Real Estate Co.
Mls Name: NWMLS
Mls ID: #2473396