3221 SW Avalon Way #207SeattleWA98126
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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 #207, Seattle, WA, 98126 listed at $592,000 pairs $5,100/mo rent with a $2,898/mo payment to leave $1,541/mo cash flow. Total monthly income runs $5,100/mo, and annual cash flow reaches $18,491/yr on $194,768 cash to close. Return on cash invested measures 29.55% in year one, and rental yield registers 10.34% at a $592,000 basis. Equity gained on principal adds $3,820/yr, and annual property appreciation at 5% supports $163,559 by year five. Five-year ROI tracks 154.29% and total cumulative return in cash totals $300,500. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,100/mo property income relative to a $2,898/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Karen Grace • Engel & Voelkers Seattle DT
Mls Name: NWMLS
Mls ID: #2449322