3019 62nd Avenue SW #DSeattleWA98116
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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 3019 62nd Avenue SW #D, Seattle, WA, 98116 listed at $794,950 pairs $4,930/mo rent with a $3,891/mo payment to leave $151/mo cash flow. Total monthly income runs $4,930/mo, and annual cash flow reaches $1,816/yr on $261,539 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 7.44% at a $794,950 basis. Equity gained on principal adds $5,130/yr, and annual property appreciation at 5% supports $219,630 by year five. Five-year ROI tracks 107.11% and total cumulative return in cash totals $280,146. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,930/mo property income relative to a $3,891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2019
814.57 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98116, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,246 (100%) |
| Owner Occupied HU | 7,092 (49.8%) |
| Renter Occupied HU | 6,420 (45.1%) |
| Vacant Housing Units | 734 ( 5.2%) |
| Median Home Value | $1,120,764 |
| Average Home Value | $1,275,439 |
Housing Distribution
Address Breakdown
Residential
14,702
Single Family
7,904
Multi-Family
6,798
Businesses
790
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Listed by: Ievgen Dimov • Better Properties Covington
Mls Name: NWMLS
Mls Provider:
Mls ID: #2395800
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)