3117 15th Avenue SSeattleWA98144
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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
Total monthly income runs $3,876/mo, and a $3,426/mo payment. Purchase price stands at $699,900, and rental yield measures 6.65% with $3,876/mo rent. Return on cash invested shows 18.33% in year one, and 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 94.13% and total cumulative return in cash records $216,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,876/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1907
4,800 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: Stephen Ma • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2465032