3608 26th Place W #201SeattleWA98199
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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 3608 26th Place W #201, Seattle, WA, 98199 listed at $650,000 pairs $3,778/mo rent with a $3,181/mo payment. Total monthly income runs $3,778/mo. Return on cash invested measures 19.34% in year one, and rental yield registers 6.97% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 99.52% and total cumulative return in cash totals $212,822. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,778/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
N/A 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: Junior Torres • Windermere RE Greenwood
Mls Name: NWMLS
Mls ID: #2463551