3215 37th Place 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 $4,440/mo, and a $5,996/mo payment. Purchase price stands at $1,225,000, and rental yield measures 4.35% with $4,440/mo rent. Return on cash invested shows 11.53% in year one, and 5% annual appreciation builds toward $338,445 over five years. Five-year ROI reaches 57.58% and total cumulative return in cash records $228,528. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,440/mo property income covering a $5,996/mo payment rather than investor’s personal income.
Condo
Built in 2024
4,081 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: Albert D Clark • Real Residential
Mls Name: NWMLS
Mls ID: #2431042