203 23rd AvenueSeattleWA98122
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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 203 23rd Avenue, Seattle, WA, 98122 earns from $4,241/mo rent with a $4,038/mo payment. Total monthly income totals $4,241/mo. ROI tracks 16.88% on current figures, and rental yield reads 6.17% at a $825,000 purchase. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 over five years. Five-year ROI reaches 86.35% and total cumulative return in cash sums $234,381. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,241/mo property income instead of your personal income.
Multi Family
Built in 1900
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98122, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,284 (100%) |
| Owner Occupied HU | 6,016 (23.8%) |
| Renter Occupied HU | 16,924 (66.9%) |
| Vacant Housing Units | 2,344 ( 9.3%) |
| Median Home Value | $1,148,288 |
| Average Home Value | $1,265,324 |
Housing Distribution
Address Breakdown
Residential
25,551
Single Family
7,950
Multi-Family
17,601
Businesses
1,476
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Listed by: Virginia Lawson • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2448714