5015 40th Avenue SWSeattleWA98136
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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 5015 40th Avenue SW, Seattle, WA, 98136 generates $4,098/mo in rent, after a $6,240/mo payment. Total monthly income is $4,098/mo. Return on cash invested sits at 10.01% in year one, and rental yield is 3.86% on a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 49.44% and total cumulative return in cash sums $204,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,098/mo property income rather than buyer’s personal income.
Single Family
Built in 1944
5,998 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 98136, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,622 (100%) |
| Owner Occupied HU | 5,097 (66.9%) |
| Renter Occupied HU | 2,232 (29.3%) |
| Vacant Housing Units | 293 ( 3.8%) |
| Median Home Value | $980,742 |
| Average Home Value | $1,185,017 |
Housing Distribution
Address Breakdown
Residential
7,807
Single Family
6,016
Multi-Family
1,791
Businesses
196
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $1,275,000 |
| 2024-09-20 | Sold | $600,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-04 | $1833.35 | N/A | $582,000 | N/A |
| 2022-04-04 | N/A | N/A | $582,000 | N/A |
| 2021-04-04 | $1878.99 | -68.87% | $582,000 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1944
- Architectural Style: N/A
- Building Area: 1,890
- Living Area: 1,890 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Fireplace(s), Ductless HP-Mini Split
- Cooling: Ductless HP-Mini Split, Wall Unit(s)
- Flooring: Ceramic Tile, Laminate, Laminate Hardwood
- Interior Features: Bath Off Primary, Dining Room, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Attached Garage, Off Street
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sewer Connected
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Dulguun Loder • Heaton Dainard, LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2349469
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)