3200 W Commodore Way #207SeattleWA98199
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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 3200 W Commodore Way #207, Seattle, WA, 98199 offers a 8.17% rental yield on a $394,950 purchase with $2,688/mo rent. Total monthly income registers $2,688/mo, and a $1,933/mo payment leaves $314/mo available for distribution. Annual cash flow reaches $3,768/yr on $130,926 to close, and return on cash invested stands at 22.79% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,117 over five years. Portfolio math shows five-year ROI at 118.03% and total cumulative return in cash at $154,526. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,688/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98199, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,001 (100%) |
| Owner Occupied HU | 6,311 (63.1%) |
| Renter Occupied HU | 3,315 (33.1%) |
| Vacant Housing Units | 375 ( 3.7%) |
| Median Home Value | $1,410,021 |
| Average Home Value | $1,456,671 |
Housing Distribution
Address Breakdown
Residential
9,958
Single Family
7,175
Multi-Family
2,783
Businesses
476
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Listed by: Joseph Mustach • Windermere Real Estate/M2, LLC
Mls Name: NWMLS
Mls ID: #2447476