502 SW 97th St #3SeattleWA98106
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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 502 SW 97th St #3, Seattle, WA, 98106 listed at $1,089,900 pairs $3,461/mo rent with a $5,335/mo payment. Total monthly income runs $3,461/mo. Return on cash invested measures 9.87% in year one, and rental yield registers 3.81% at a $1,089,900 basis. Equity gained on principal adds $7,033/yr, and annual property appreciation at 5% supports $301,119 by year five. Five-year ROI tracks 48.65% and total cumulative return in cash totals $171,784. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,461/mo property income relative to a $5,335/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
4,552 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98106, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,278 (100%) |
| Owner Occupied HU | 6,315 (56.0%) |
| Renter Occupied HU | 4,548 (40.3%) |
| Vacant Housing Units | 415 ( 3.7%) |
| Median Home Value | $731,639 |
| Average Home Value | $831,135 |
Housing Distribution
Address Breakdown
Residential
11,266
Single Family
8,359
Multi-Family
2,907
Businesses
483
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Listed by: Mikayla Belcher • Conner Real Estate Group, LLC
Mls Name: NWMLS
Mls ID: #2472016