3406 E Spring StreetSeattleWA98122
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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 $3,713/mo, and a $5,017/mo payment. Purchase price stands at $1,025,000, and rental yield measures 4.35% with $3,713/mo rent. Return on cash invested shows 11.52% in year one, and 5% annual appreciation builds toward $283,189 over five years. Five-year ROI reaches 57.54% and total cumulative return in cash records $191,080. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,713/mo property income covering a $5,017/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
505.30 sqft lot
$N/A/sqft
Has HOA fee HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98122, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,284 (100%) |
| Owner Occupied HU | 6,016 (23.8%) |
| Renter Occupied HU | 16,924 (66.9%) |
| Vacant Housing Units | 2,344 ( 9.3%) |
| Median Home Value | $1,148,288 |
| Average Home Value | $1,265,324 |
Housing Distribution
Address Breakdown
Residential
25,551
Single Family
7,950
Multi-Family
17,601
Businesses
1,476
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Listed by: Xi Peng • Windermere RE/Capitol Hill,Inc
Mls Name: NWMLS
Mls Provider:
Mls ID: #2456167
Disclaimer: Based on information submitted to the MLS GRID as of 2026-01-04 06:04:05 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)