3928 S PilgrimSeattleWA98118
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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 3928 S Pilgrim, Seattle, WA, 98118 generates $3,348/mo in rent, after a $3,363/mo payment. Total monthly income is $3,348/mo. Return on cash invested sits at 15.91% in year one, and rental yield is 5.85% on a $687,000 entry. Equity gained on principal adds $4,433/yr, while 5% annual appreciation builds toward $189,805 over five years. Five-year ROI reaches 81.11% and total cumulative return in cash sums $183,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,348/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,250 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: Leah Davidson • Windermere Real Estate Midtown
Mls Name: NWMLS
Mls ID: #2440596