4725 15th Avenue NE #22SeattleWA98105
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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 4725 15th Avenue NE #22, Seattle, WA, 98105 offers a 7.48% rental yield on a $309,000 purchase with $1,926/mo rent. Total monthly income registers $1,926/mo, and a $1,512/mo payment leaves $69/mo available for distribution. Annual cash flow reaches $827/yr on $102,434 to close, and return on cash invested stands at 20.72% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 106.92% and total cumulative return in cash at $109,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,926/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1923
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: Betina Finley • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2395324