2415 2nd Ave APT 543SeattleWA98121
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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 2415 2nd Ave APT 543, Seattle, WA, 98121 earns from $2,174/mo rent with a $2,139/mo payment. Total monthly income totals $2,174/mo. ROI tracks 16.16% on current figures, and rental yield reads 5.97% at a $437,100 purchase. Equity gained on principal adds $2,821/yr, and 5% annual appreciation supports $120,763 over five years. Five-year ROI reaches 82.48% and total cumulative return in cash sums $119,508. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,174/mo property income instead of your personal income.
Apartment
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98121, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,500 (100%) |
| Owner Occupied HU | 3,599 (20.6%) |
| Renter Occupied HU | 12,319 (70.4%) |
| Vacant Housing Units | 1,582 ( 9.0%) |
| Median Home Value | $989,046 |
| Average Home Value | $1,081,110 |
Housing Distribution
Address Breakdown
Residential
17,321
Single Family
1,582
Multi-Family
15,739
Businesses
1,207
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A