2914 E Madison Street #302SeattleWA98112
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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 2914 E Madison Street #302, Seattle, WA, 98112 earns from $3,743/mo rent with a $4,283/mo payment. Total monthly income totals $3,743/mo. ROI tracks 13.74% on current figures, and rental yield reads 5.13% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 69.47% and total cumulative return in cash sums $199,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,743/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98112, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,995 (100%) |
| Owner Occupied HU | 5,865 (53.3%) |
| Renter Occupied HU | 4,485 (40.8%) |
| Vacant Housing Units | 645 ( 5.9%) |
| Median Home Value | $1,653,721 |
| Average Home Value | $1,626,208 |
Housing Distribution
Address Breakdown
Residential
11,280
Single Family
6,851
Multi-Family
4,429
Businesses
545
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Listed by: Jacob Neuman • The Agency Seattle/Eastside
Mls Name: NWMLS
Mls ID: #2471097