412 11th Avenue #404SeattleWA98122
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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
Investment property for sale in Seattle at 412 11th Avenue #404, Seattle, WA, 98122 earns $630/mo cash flow from $2,644/mo rent with a $1,640/mo payment. Total monthly income totals $2,644/mo, and annual cash flow totals $7,559/yr on $111,053 capital. ROI tracks 26.72% on current figures, and rental yield reads 9.47% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 139.1% and total cumulative return in cash sums $154,472. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,644/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98122, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,284 (100%) |
| Owner Occupied HU | 6,016 (23.8%) |
| Renter Occupied HU | 16,924 (66.9%) |
| Vacant Housing Units | 2,344 ( 9.3%) |
| Median Home Value | $1,148,288 |
| Average Home Value | $1,265,324 |
Housing Distribution
Address Breakdown
Residential
25,551
Single Family
7,950
Multi-Family
17,601
Businesses
1,476
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Listed by: Maynard Wagner • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2435373