3221 SW Avalon Way #113SeattleWA98126
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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 3221 SW Avalon Way #113, Seattle, WA, 98126 offers a 7.9% rental yield on a $549,000 purchase with $3,612/mo rent. Total monthly income registers $3,612/mo, and a $2,687/mo payment leaves $312/mo available for distribution. Annual cash flow reaches $3,743/yr on $180,621 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 114.49% and total cumulative return in cash at $206,792. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,612/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98126, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 6,229 (52.6%) |
| Renter Occupied HU | 5,109 (43.1%) |
| Vacant Housing Units | 513 ( 4.3%) |
| Median Home Value | $865,546 |
| Average Home Value | $1,031,425 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
7,534
Multi-Family
3,444
Businesses
323
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Listed by: Cameron McCartney • Tribeca NW Real Estate
Mls Name: NWMLS
Mls ID: #2405633