3022 SW Bradford Street #209SeattleWA98126
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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 3022 SW Bradford Street #209, Seattle, WA, 98126 uses $104,423 cash to close to unlock $1,563/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $2,024/mo, and a $1,542/mo payment keeps the spread at $130/mo. Purchase price stands at $315,000, and rental yield measures 7.71% with $2,024/mo rent. Return on cash invested shows 21.41% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 110.67% and total cumulative return in cash records $115,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,024/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98126, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 6,229 (52.6%) |
| Renter Occupied HU | 5,109 (43.1%) |
| Vacant Housing Units | 513 ( 4.3%) |
| Median Home Value | $865,546 |
| Average Home Value | $1,031,425 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
7,534
Multi-Family
3,444
Businesses
323
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Listed by: Samantha A. Lamb • Lake & Company
Mls Name: NWMLS
Mls ID: #2468526