2815 S Norman StreetSeattleWA98144
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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 2815 S Norman Street, Seattle, WA, 98144 at $542,500 posts ROI 19.76% with from $3,228/mo rent. Total monthly income equals $3,228/mo. Return on cash invested measures 19.76% and rental yield reads 7.14% at the current $542,500. Equity gained on principal adds $3,501/yr, and 5% annual appreciation supports $149,883 by year five. Five-year ROI prints 101.78% and total cumulative return in cash totals $181,663. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,228/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2003
1,228 sqft 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: Andy Sather • John L. Scott, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2371453
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 01:04:39 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)