2803 NW 65th StreetSeattleWA98117
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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
Rental property for sale in Seattle at 2803 NW 65th Street, Seattle, WA, 98117 generates $5,576/mo in rent and, after a $4,527/mo payment, leaves $16/mo in cash flow. Total monthly income is $5,576/mo, and annual cash flow is $193/yr on $304,325 invested. Return on cash invested sits at 20.12% in year one, and rental yield is 7.23% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 103.73% and total cumulative return in cash sums $315,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,576/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
6,455 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98117, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,456 (100%) |
| Owner Occupied HU | 10,467 (67.7%) |
| Renter Occupied HU | 4,416 (28.6%) |
| Vacant Housing Units | 573 ( 3.7%) |
| Median Home Value | $1,114,719 |
| Average Home Value | $1,212,438 |
Housing Distribution
Address Breakdown
Residential
15,298
Single Family
13,059
Multi-Family
2,239
Businesses
368
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Listed by: Brian Griffin • Windermere Real Estate Co.
Mls Name: NWMLS
Mls ID: #2457834