2515 27th Avenue WSeattleWA98199
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 2515 27th Avenue W, Seattle, WA, 98199 in Seattle worth study. Rental yield 5.09%. The 5.09% gross yield is below cash-flow benchmarks at $1,725,000, but 5% annual appreciation, adding $476,586 over five years, frames this as a capital growth position. Rent of $7,316/mo partially offsets the $7,757/mo payment. Ziffy Mortgage finances appreciation-play properties (0.94 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $456,237.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 4.8% |
| Monthly Cash Flow | $(3,053) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,316 |
| Total Monthly Debt Service | $9,683 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
7,679 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98199, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,001 (100%) |
| Owner Occupied HU | 6,311 (63.1%) |
| Renter Occupied HU | 3,315 (33.1%) |
| Vacant Housing Units | 375 ( 3.7%) |
| Median Home Value | $1,410,021 |
| Average Home Value | $1,456,671 |
Housing Distribution
Address Breakdown
Residential
9,958
Single Family
7,175
Multi-Family
2,783
Businesses
476
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
Single Family
Built in 1947
7,679 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98199, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,001 (100%) |
| Owner Occupied HU | 6,311 (63.1%) |
| Renter Occupied HU | 3,315 (33.1%) |
| Vacant Housing Units | 375 ( 3.7%) |
| Median Home Value | $1,410,021 |
| Average Home Value | $1,456,671 |
Housing Distribution
Address Breakdown
Residential
9,958
Single Family
7,175
Multi-Family
2,783
Businesses
476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gerald Overbeck • Keller Williams Eastside
Mls Name: NWMLS
Mls ID: #2456478