301 Belmont Avenue ESeattleWA98102
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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 301 Belmont Avenue E, Seattle, WA, 98102 with 5% annual appreciation on a $1,695,000 basis while $4,603/mo rent supports operations. 16% in year one. Equity gained on principal adds $10,938/yr, and five-year appreciation sums $468,297 alongside rental yield of 3.26%. Five-year ROI measures 39.53% and total cumulative return in cash totals $217,077. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,603/mo property income versus a $8,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1908
3,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98102, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,617 (100%) |
| Owner Occupied HU | 4,535 (24.4%) |
| Renter Occupied HU | 12,560 (67.5%) |
| Vacant Housing Units | 1,522 ( 8.2%) |
| Median Home Value | $1,367,110 |
| Average Home Value | $1,409,002 |
Housing Distribution
Address Breakdown
Residential
17,363
Single Family
3,956
Multi-Family
13,407
Businesses
799
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Listed by: Reid Jones • Westlake Associates, Inc.
Mls Name: NWMLS
Mls ID: #2369945