3201 S Charles StreetSeattleWA98144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3201 S Charles Street, Seattle, WA, 98144 offers a 4.1% rental yield on a $1,198,800 purchase with $4,094/mo rent. 75% in year one. Equity gained on principal adds $7,736/yr while 5% annual appreciation supports $331,206 over five years. Portfolio math shows five-year ROI at 53.41% and total cumulative return in cash at $207,463. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,094/mo property income against a $5,868/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1922
2,082 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon P. Bergerson • RE/MAX Metro Realty, Inc.
Mls Name: NWMLS
Mls ID: #2447962