411 B NE 80th StreetSeattleWA98115
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play411 B NE 80th Street, Seattle, WA, 98115 in Seattle is priced for appreciation, not yield. Rental yield 5.91%. At $595,000 with a 5.91% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $164,388 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.10) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $183,790.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 4.8% |
| Monthly Cash Flow | $(644) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,933 |
| Total Monthly Debt Service | $3,340 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98115, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,872 (100%) |
| Owner Occupied HU | 14,113 (54.5%) |
| Renter Occupied HU | 10,553 (40.8%) |
| Vacant Housing Units | 1,206 ( 4.7%) |
| Median Home Value | $1,198,608 |
| Average Home Value | $1,277,172 |
Housing Distribution
Address Breakdown
Residential
25,339
Single Family
17,008
Multi-Family
8,331
Businesses
1,209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98115, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,872 (100%) |
| Owner Occupied HU | 14,113 (54.5%) |
| Renter Occupied HU | 10,553 (40.8%) |
| Vacant Housing Units | 1,206 ( 4.7%) |
| Median Home Value | $1,198,608 |
| Average Home Value | $1,277,172 |
Housing Distribution
Address Breakdown
Residential
25,339
Single Family
17,008
Multi-Family
8,331
Businesses
1,209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2500968