2000 1st Avenue #604SeattleWA98121
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 2000 1st Avenue #604, Seattle, WA, 98121 earns $1,350/mo cash flow from $6,730/mo rent with a $4,381/mo payment. Total monthly income totals $6,730/mo, and annual cash flow totals $16,195/yr on $294,455 capital. ROI tracks 25.56% on current figures, and rental yield reads 9.02% at a $895,000 purchase. Equity gained on principal adds $5,775/yr, and 5% annual appreciation supports $247,272 over five years. Five-year ROI reaches 132.88% and total cumulative return in cash sums $391,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,730/mo property income instead of your personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98121, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,500 (100%) |
| Owner Occupied HU | 3,599 (20.6%) |
| Renter Occupied HU | 12,319 (70.4%) |
| Vacant Housing Units | 1,582 ( 9.0%) |
| Median Home Value | $989,046 |
| Average Home Value | $1,081,110 |
Housing Distribution
Address Breakdown
Residential
17,321
Single Family
1,582
Multi-Family
15,739
Businesses
1,207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Moira E Holley • Realogics Sotheby's Int'l Rlty
Mls Name: NWMLS
Mls ID: #2435722