4545 Sand Point Way NE #304SeattleWA98105
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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
Rental property for sale in Seattle at 4545 Sand Point Way NE #304, Seattle, WA, 98105 generates $3,227/mo in rent and, after a $1,860/mo payment, leaves $943/mo in cash flow. Total monthly income is $3,227/mo, and annual cash flow is $11,312/yr on $125,970 invested. Return on cash invested sits at 28.89% in year one, and rental yield is 10.19% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 150.77% and total cumulative return in cash sums $189,925. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,227/mo property income rather than buyer’s personal income.
Condo
Built in 1968
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: Seung K. Chung • The Preview Group
Mls Name: NWMLS
Mls ID: #2438813