5025 Nicklas Place NESeattleWA98105
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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 5025 Nicklas Place NE, Seattle, WA, 98105 offers a 5.16% rental yield on a $1,370,688 purchase with $5,892/mo rent. 96% in year one. Equity gained on principal adds $8,845/yr while 5% annual appreciation supports $378,696 over five years. Portfolio math shows five-year ROI at 70.64% and total cumulative return in cash at $313,713. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,892/mo property income against a $6,709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
6,298 sqft 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: Timothy Lenihan • Windermere Real Estate Midtown
Mls Name: NWMLS
Mls Provider:
Mls ID: #2395653
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-01 21:24:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)