2100 3rd Avenue #2503SeattleWA98121
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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 2100 3rd Avenue #2503, Seattle, WA, 98121 listed at $519,950 pairs $3,841/mo rent with a $2,545/mo payment to leave $715/mo cash flow. Total monthly income runs $3,841/mo, and annual cash flow reaches $8,585/yr on $171,064 cash to close. Return on cash invested measures 25.08% in year one, and rental yield registers 8.86% at a $519,950 basis. Equity gained on principal adds $3,355/yr, and annual property appreciation at 5% supports $143,653 by year five. Five-year ROI tracks 130.31% and total cumulative return in cash totals $222,919. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,841/mo property income relative to a $2,545/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
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
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Listed by: Tamara Marson • Windermere Real Estate Midtown
Mls Name: NWMLS
Mls ID: #2435595