2813 15th 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 2813 15th Avenue S, Seattle, WA, 98144 earns $248/mo cash flow from $4,900/mo rent with a $3,788/mo payment. Total monthly income totals $4,900/mo, and annual cash flow totals $2,972/yr on $254,646 capital. ROI tracks 21.23% on current figures, and rental yield reads 7.6% at a $774,000 purchase. Equity gained on principal adds $4,995/yr, and 5% annual appreciation supports $213,842 over five years. Five-year ROI reaches 109.65% and total cumulative return in cash sums $279,209. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,900/mo property income instead of your personal income.
Condo
Built in 1913
N/A 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: Mitzi Felts • John L. Scott Snohomish
Mls Name: NWMLS
Mls ID: #2451493