2510 6th Avenue #1109SeattleWA98121
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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 2510 6th Avenue #1109, Seattle, WA, 98121 uses $206,941 cash to close to unlock $7,531/yr annual cash flow and $628/mo monthly cash flow. Total monthly income runs $4,409/mo, and a $3,079/mo payment keeps the spread at $628/mo. Purchase price stands at $629,000, and rental yield measures 8.41% with $4,409/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 122.9% and total cumulative return in cash records $254,325. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,409/mo property income covering a $3,079/mo payment rather than investor’s personal income.
Condo
Built in 2021
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: Lawrence H Ahrens • Polaris Pacific
Mls Name: NWMLS
Mls ID: #2445274