19230 Forest Park Drive NE #K-335SeattleWA98155
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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
Rental property for sale in Seattle at 19230 Forest Park Drive NE #K-335, Seattle, WA, 98155 generates $2,844/mo in rent and, after a $1,909/mo payment, leaves $500/mo in cash flow. Total monthly income is $2,844/mo, and annual cash flow is $5,995/yr on $129,268 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 8.75% on a $389,950 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,736 over five years. Five-year ROI reaches 127.5% and total cumulative return in cash sums $164,813. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,844/mo property income rather than buyer’s personal income.
Condo
Built in 1991
N/A 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: Nia Nguyen • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2436377