4708 S Morgan StreetSeattleWA98118
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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 4708 S Morgan Street, Seattle, WA, 98118 earns from $3,649/mo rent with a $3,421/mo payment. Total monthly income totals $3,649/mo. ROI tracks 17.18% on current figures, and rental yield reads 6.26% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 87.93% and total cumulative return in cash sums $202,214. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,649/mo property income instead of your personal income.
Condo
Built in 2025
1,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98118, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,071 (100%) |
| Owner Occupied HU | 10,434 (52.0%) |
| Renter Occupied HU | 8,756 (43.6%) |
| Vacant Housing Units | 881 ( 4.4%) |
| Median Home Value | $876,613 |
| Average Home Value | $1,025,181 |
Housing Distribution
Address Breakdown
Residential
19,933
Single Family
13,469
Multi-Family
6,464
Businesses
1,135
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Listed by: George Clouse • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2453109