3449 Magnolia Boulevard 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
Rental property for sale in Seattle at 3449 Magnolia Boulevard W, Seattle, WA, 98199 generates $6,395/mo in rent, after a $9,128/mo payment. Total monthly income is $6,395/mo. Return on cash invested sits at 10.81% in year one, and rental yield is 4.11% on a $1,865,000 entry. Equity gained on principal adds $12,035/yr, while 5% annual appreciation builds toward $515,265 over five years. Five-year ROI reaches 53.69% and total cumulative return in cash sums $324,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,395/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
5,919 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: Ashley J. Hayes • Pointe3 Real Estate
Mls Name: NWMLS
Mls ID: #2440331