3203 NE 89th StreetSeattleWA98115
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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 3203 NE 89th Street, Seattle, WA, 98115 listed at $975,000 pairs $3,763/mo rent with a $4,772/mo payment. Total monthly income runs $3,763/mo. Return on cash invested measures 12.21% in year one, and rental yield registers 4.63% at a $975,000 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,375 by year five. Five-year ROI tracks 61.31% and total cumulative return in cash totals $196,659. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,763/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98115, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,872 (100%) |
| Owner Occupied HU | 14,113 (54.5%) |
| Renter Occupied HU | 10,553 (40.8%) |
| Vacant Housing Units | 1,206 ( 4.7%) |
| Median Home Value | $1,198,608 |
| Average Home Value | $1,277,172 |
Housing Distribution
Address Breakdown
Residential
25,339
Single Family
17,008
Multi-Family
8,331
Businesses
1,209
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Listed by: Steve Laevastu • Windermere RE Greenwood
Mls Name: NWMLS
Mls ID: #2461246