2244 13th Ave W APT 106SeattleWA98119
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
Investment Highlights
Investment property for sale in Seattle at 2244 13th Ave W APT 106, Seattle, WA, 98119 listed at $332,800 pairs $2,840/mo rent with a $1,629/mo payment to leave $820/mo cash flow. Total monthly income runs $2,840/mo, and annual cash flow reaches $9,843/yr on $110,323 cash to close. Return on cash invested measures 28.83% in year one, and rental yield registers 10.24% at a $332,800 basis. Equity gained on principal adds $2,148/yr, and annual property appreciation at 5% supports $91,947 by year five. Five-year ROI tracks 150.55% and total cumulative return in cash totals $166,094. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,840/mo property income relative to a $1,629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98119, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,303 (100%) |
| Owner Occupied HU | 5,344 (34.9%) |
| Renter Occupied HU | 8,857 (57.9%) |
| Vacant Housing Units | 1,102 ( 7.2%) |
| Median Home Value | $1,368,989 |
| Average Home Value | $1,414,364 |
Housing Distribution
Address Breakdown
Residential
14,152
Single Family
5,404
Multi-Family
8,748
Businesses
905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: John L Scott Real Estate
Mls ID: #1693937