410 Malden Avenue E #BSeattleWA98112
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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 410 Malden Avenue E #B, Seattle, WA, 98112 priced at $579,000 pairs $3,932/mo rent with $451/mo cash flow after a $2,834/mo payment. Total monthly income equals $3,932/mo, and annual cash flow comes to $5,417/yr on $190,491 invested. Return on cash invested is 22.9% in year one, and rental yield stands at 8.15% on a $579,000 basis. Equity gained on principal adds $3,736/yr, and 5% annual appreciation accumulates to $159,967 by year five. Five-year ROI measures 118.64% and total cumulative return in cash reaches $226,003. For financing, Ziffy Mortgage’s DSCR program evaluates $3,932/mo property income against a $2,834/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98112, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,995 (100%) |
| Owner Occupied HU | 5,865 (53.3%) |
| Renter Occupied HU | 4,485 (40.8%) |
| Vacant Housing Units | 645 ( 5.9%) |
| Median Home Value | $1,653,721 |
| Average Home Value | $1,626,208 |
Housing Distribution
Address Breakdown
Residential
11,280
Single Family
6,851
Multi-Family
4,429
Businesses
545
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Listed by: Anne Willoughby Nelson • COMPASS
Mls Name: NWMLS
Mls ID: #2472898