2035 Fairview Avenue E #DSeattleWA98102
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 2035 Fairview Avenue E #D, Seattle, WA, 98102 in Seattle at $470,000 earns $2,851/mo in rent and nets $26/mo after the $2,113/mo payment, a 7.28% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $129,852 over five years. Ziffy Mortgage underwrites this on a 1.35 DSCR without U.S. credit history. With $4,329/yr in principal paydown, total projected return reaches $179,584.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 4.8% |
| Monthly Cash Flow | $26 | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,851 |
| Total Monthly Debt Service | $2,638 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98102, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,617 (100%) |
| Owner Occupied HU | 4,535 (24.4%) |
| Renter Occupied HU | 12,560 (67.5%) |
| Vacant Housing Units | 1,522 ( 8.2%) |
| Median Home Value | $1,367,110 |
| Average Home Value | $1,409,002 |
Housing Distribution
Address Breakdown
Residential
17,363
Single Family
3,956
Multi-Family
13,407
Businesses
799
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
Single Family
Built in 1950
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98102, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,617 (100%) |
| Owner Occupied HU | 4,535 (24.4%) |
| Renter Occupied HU | 12,560 (67.5%) |
| Vacant Housing Units | 1,522 ( 8.2%) |
| Median Home Value | $1,367,110 |
| Average Home Value | $1,409,002 |
Housing Distribution
Address Breakdown
Residential
17,363
Single Family
3,956
Multi-Family
13,407
Businesses
799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney Cooper Neese • Seattle Afloat LLC
Mls Name: NWMLS
Mls ID: #2370262