21845 15th Avenue SSeattleWA98198
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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 21845 15th Avenue S, Seattle, WA, 98198 earns $524/mo cash flow from $5,327/mo rent with a $3,911/mo payment. Total monthly income totals $5,327/mo, and annual cash flow totals $6,285/yr on $262,871 capital. ROI tracks 22.45% on current figures, and rental yield reads 8% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 116.2% and total cumulative return in cash sums $305,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,327/mo property income instead of your personal income.
Single Family
Built in 1963
8,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98198, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,551 (100%) |
| Owner Occupied HU | 7,940 (51.1%) |
| Renter Occupied HU | 6,643 (42.7%) |
| Vacant Housing Units | 968 ( 6.2%) |
| Median Home Value | $668,434 |
| Average Home Value | $799,850 |
Housing Distribution
Address Breakdown
Residential
14,886
Single Family
8,936
Multi-Family
5,950
Businesses
818
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Listed by: Sharlane Chase • Windermere Real Estate Co.
Mls Name: NWMLS
Mls ID: #2418993