4733 Shilshole Avenue NW #D-11SeattleWA98107
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4733 Shilshole Avenue NW #D-11, Seattle, WA, 98107 in Seattle is a solid income-producing rental, 9.35% gross yield, $935/mo rent, $214/mo net cash flow on a $120,000 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $33,154 and $1,105/yr in principal reduction project a total cumulative return of $59,145.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 4.8% |
| Monthly Cash Flow | $214 | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $935 |
| Total Monthly Debt Service | $674 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
479.16 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98107, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,998 (100%) |
| Owner Occupied HU | 6,002 (35.3%) |
| Renter Occupied HU | 10,066 (59.2%) |
| Vacant Housing Units | 930 ( 5.5%) |
| Median Home Value | $1,004,136 |
| Average Home Value | $1,128,263 |
Housing Distribution
Address Breakdown
Residential
16,211
Single Family
7,854
Multi-Family
8,357
Businesses
1,507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1972
479.16 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98107, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,998 (100%) |
| Owner Occupied HU | 6,002 (35.3%) |
| Renter Occupied HU | 10,066 (59.2%) |
| Vacant Housing Units | 930 ( 5.5%) |
| Median Home Value | $1,004,136 |
| Average Home Value | $1,128,263 |
Housing Distribution
Address Breakdown
Residential
16,211
Single Family
7,854
Multi-Family
8,357
Businesses
1,507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matt Goyer • Urban Living
Mls Name: NWMLS
Mls ID: #2428779