3711 S Chicago StreetSeattleWA98118
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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 3711 S Chicago Street, Seattle, WA, 98118 generates $3,775/mo in rent and, after a $2,447/mo payment, leaves $770/mo in cash flow. Total monthly income is $3,775/mo, and annual cash flow is $9,236/yr on $165,747 invested. Return on cash invested sits at 25.48% in year one, and rental yield is 9.06% on a $499,990 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,138 over five years. Five-year ROI reaches 132.49% and total cumulative return in cash sums $219,593. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,775/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
7,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98118, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,071 (100%) |
| Owner Occupied HU | 10,434 (52.0%) |
| Renter Occupied HU | 8,756 (43.6%) |
| Vacant Housing Units | 881 ( 4.4%) |
| Median Home Value | $876,613 |
| Average Home Value | $1,025,181 |
Housing Distribution
Address Breakdown
Residential
19,933
Single Family
13,469
Multi-Family
6,464
Businesses
1,135
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Listed by: Kevin Ksor • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2473300