4540 8th Avenue NE #903SeattleWA98105
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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 4540 8th Avenue NE #903, Seattle, WA, 98105 uses $94,478 cash to close to unlock $6,021/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $2,215/mo, and a $1,395/mo payment keeps the spread at $502/mo. Purchase price stands at $285,000, and rental yield measures 9.33% with $2,215/mo rent. Return on cash invested shows 26.28% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 136.8% and total cumulative return in cash records $129,246. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,215/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98105, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,129 (100%) |
| Owner Occupied HU | 5,573 (25.2%) |
| Renter Occupied HU | 14,642 (66.2%) |
| Vacant Housing Units | 1,914 ( 8.6%) |
| Median Home Value | $1,357,253 |
| Average Home Value | $1,424,115 |
Housing Distribution
Address Breakdown
Residential
19,980
Single Family
8,289
Multi-Family
11,691
Businesses
1,361
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Listed by: Mark F. Pennucci • The Roanoke Group
Mls Name: NWMLS
Mls ID: #2406142