3518 NE 123rd StreetSeattleWA98125
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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 3518 NE 123rd Street, Seattle, WA, 98125 earns $134/mo cash flow from $5,694/mo rent with a $4,527/mo payment. Total monthly income totals $5,694/mo, and annual cash flow totals $1,609/yr on $304,325 capital. ROI tracks 20.59% on current figures, and rental yield reads 7.39% at a $925,000 purchase. Equity gained on principal adds $5,969/yr, and 5% annual appreciation supports $255,560 over five years. Five-year ROI reaches 106.23% and total cumulative return in cash sums $323,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,694/mo property income instead of your personal income.
Single Family
Built in 1991
8,768 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98125, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,204 (100%) |
| Owner Occupied HU | 8,684 (41.0%) |
| Renter Occupied HU | 11,064 (52.2%) |
| Vacant Housing Units | 1,456 ( 6.9%) |
| Median Home Value | $909,506 |
| Average Home Value | $1,044,969 |
Housing Distribution
Address Breakdown
Residential
20,477
Single Family
10,907
Multi-Family
9,570
Businesses
835
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Listed by: Donna L. Wood • Cornerstone Assoc Real Estate
Mls Name: NWMLS
Mls ID: #2434326