414 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
Investment property for sale in Seattle at 414 Malden Avenue E #B, Seattle, WA, 98112 offers a 7.28% rental yield on a $650,000 purchase with $3,946/mo rent. Total monthly income registers $3,946/mo, and a $3,181/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $470/yr on $213,850 to close, and return on cash invested stands at 20.28% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 104.58% and total cumulative return in cash at $223,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,946/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1996
962.68 sqft 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: James Reece • Keller Williams North Seattle
Mls Name: NWMLS
Mls ID: #2439253