3421 23rd Avenue WSeattleWA98199
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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 3421 23rd Avenue W, Seattle, WA, 98199 listed at $1,513,000 pairs $3,821/mo rent with a $7,405/mo payment. Total monthly income runs $3,821/mo. Return on cash invested measures 7.46% in year one, and rental yield registers 3.03% at a $1,513,000 basis. Equity gained on principal adds $9,763/yr, and annual property appreciation at 5% supports $418,014 by year five. Five-year ROI tracks 35.75% and total cumulative return in cash totals $175,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,821/mo property income relative to a $7,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1969
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98199, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,001 (100%) |
| Owner Occupied HU | 6,311 (63.1%) |
| Renter Occupied HU | 3,315 (33.1%) |
| Vacant Housing Units | 375 ( 3.7%) |
| Median Home Value | $1,410,021 |
| Average Home Value | $1,456,671 |
Housing Distribution
Address Breakdown
Residential
9,958
Single Family
7,175
Multi-Family
2,783
Businesses
476
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Listed by: David Dankers • L. Dankers Real Estate Group
Mls Name: NWMLS
Mls Provider:
Mls ID: #2393376
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 03:24:43 PDT. 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)