2311 N 113th Place #BSeattleWA98133
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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 2311 N 113th Place #B, Seattle, WA, 98133 uses $189,175 cash to close to unlock $1,163/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $3,553/mo, and a $2,814/mo payment keeps the spread at $97/mo. Purchase price stands at $575,000, and rental yield measures 7.41% with $3,553/mo rent. Return on cash invested shows 20.68% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 106.67% and total cumulative return in cash records $201,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,553/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Townhouse
Built in 2015
971.39 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98133, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,476 (100%) |
| Owner Occupied HU | 11,256 (44.2%) |
| Renter Occupied HU | 12,685 (49.8%) |
| Vacant Housing Units | 1,535 ( 6.0%) |
| Median Home Value | $831,940 |
| Average Home Value | $930,805 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
13,248
Multi-Family
10,471
Businesses
1,308
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Listed by: Chariti McElroy • COMPASS
Mls Name: NWMLS
Mls ID: #2448610