407 N 49th Street #ASeattleWA98103
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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
Total monthly income runs $3,923/mo, and a $3,279/mo payment. Purchase price stands at $669,950, and rental yield measures 7.03% with $3,923/mo rent. Return on cash invested shows 19.49% in year one, and 5% annual appreciation builds toward $185,095 over five years. Five-year ROI reaches 100.34% and total cumulative return in cash records $221,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,923/mo property income covering a $3,279/mo payment rather than investor’s personal income.
Townhouse
Built in 1991
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98103, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,485 (100%) |
| Owner Occupied HU | 12,186 (42.8%) |
| Renter Occupied HU | 14,816 (52.0%) |
| Vacant Housing Units | 1,483 ( 5.2%) |
| Median Home Value | $1,179,785 |
| Average Home Value | $1,252,363 |
Housing Distribution
Address Breakdown
Residential
26,783
Single Family
15,098
Multi-Family
11,685
Businesses
2,261
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Listed by: James Coleman V • Windermere Real Estate Co.
Mls Name: NWMLS
Mls ID: #2470822