3216 Morse Ave 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
Investment property for sale in Seattle at 3216 Morse Ave S, Seattle, WA, 98144 with 5% annual appreciation on a $757,800 basis while $3,343/mo rent supports operations. 07% in year one. Equity gained on principal adds $4,890/yr, and five-year appreciation sums $209,366 alongside rental yield of 5.29%. Five-year ROI measures 71.34% and total cumulative return in cash totals $177,871. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,343/mo property income versus a $3,709/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1909
4,000 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A