4222 Beach Drive SW #401, Seattle, WA, 98116 | $104/mo Cash Flow

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4222 Beach Drive SW #401, Seattle, WA, 98116 | $104/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Seattle at 4222 Beach Drive SW #401, Seattle, WA, 98116 uses $112,710 cash to close to unlock $1,252/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $2,148/mo, and a $1,664/mo payment keeps the spread at $104/mo. Purchase price stands at $340,000, and rental yield measures 7.58% with $2,148/mo rent. Return on cash invested shows 21.02% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 108.59% and total cumulative return in cash records $122,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,148/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Location Location Location! In search of the Alki Beach Lifestyle? Locals like to say that Alki has a very laid-back Hawaii feel to it. Along Alki Beach, the Alki Point Lighthouse has been lighting the way for ships since the late 1800s. Fabulous mix of beach culture & old fashioned neighborliness. Great cafes, restaurants & coffee shops, Parks, great for walking dogs. Take in the sunset views over Puget Sound from this lovely 1 bed/1 bath end top floor condo on Beach Drive. Site features include, Elevator access to unit & tons of storage space. Primary bedroom with view of the puget sound, bathroom with Tub/Shower & Skylight. In unit Laundry. Open living/dining area, wood burning fireplace, private outdoor view deck w/amazing views.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98116, Seattle, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,246 (100%)
Owner Occupied HU	7,092 (49.8%)
Renter Occupied HU	6,420 (45.1%)
Vacant Housing Units	734 ( 5.2%)
Median Home Value	$1,120,764
Average Home Value	$1,275,439