214 31st Avenue SSeattleWA98144
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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
Total monthly income runs $4,680/mo, and a $4,748/mo payment. Purchase price stands at $970,000, and rental yield measures 5.79% with $4,680/mo rent. Return on cash invested shows 15.73% in year one, and 5% annual appreciation builds toward $267,993 over five years. Five-year ROI reaches 80.17% and total cumulative return in cash records $255,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,680/mo property income covering a $4,748/mo payment rather than investor’s personal income.
Single Family
Built in 1988
2,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98144, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,585 (100%) |
| Owner Occupied HU | 7,110 (40.4%) |
| Renter Occupied HU | 8,988 (51.1%) |
| Vacant Housing Units | 1,487 ( 8.5%) |
| Median Home Value | $954,137 |
| Average Home Value | $1,148,559 |
Housing Distribution
Address Breakdown
Residential
17,571
Single Family
9,141
Multi-Family
8,430
Businesses
880
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Listed by: Lisa Wallace Baker • Lake & Company
Mls Name: NWMLS
Mls ID: #2444809