2408 13th 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
Investment property for sale in Seattle at 2408 13th Avenue S, Seattle, WA, 98144 earns $136/mo cash flow from $3,953/mo rent with a $3,108/mo payment. Total monthly income totals $3,953/mo, and annual cash flow totals $1,631/yr on $208,915 capital. ROI tracks 20.84% on current figures, and rental yield reads 7.47% at a $635,000 purchase. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 over five years. Five-year ROI reaches 107.57% and total cumulative return in cash sums $224,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,953/mo property income instead of your personal income.
Townhouse
Built in 2022
74.05 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: Land Cook • Urban Living
Mls Name: NWMLS
Mls ID: #2438858