511 N 46th Street #ASeattleWA98103
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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 511 N 46th Street #A, Seattle, WA, 98103 generates $4,786/mo in rent and, after a $3,788/mo payment, leaves $134/mo in cash flow. Total monthly income is $4,786/mo, and annual cash flow is $1,604/yr on $254,646 invested. Return on cash invested sits at 20.69% in year one, and rental yield is 7.42% on a $774,000 entry. Equity gained on principal adds $4,995/yr, while 5% annual appreciation builds toward $213,842 over five years. Five-year ROI reaches 106.76% and total cumulative return in cash sums $271,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,786/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
1,315 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98103, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,485 (100%) |
| Owner Occupied HU | 12,186 (42.8%) |
| Renter Occupied HU | 14,816 (52.0%) |
| Vacant Housing Units | 1,483 ( 5.2%) |
| Median Home Value | $1,179,785 |
| Average Home Value | $1,252,363 |
Housing Distribution
Address Breakdown
Residential
26,783
Single Family
15,098
Multi-Family
11,685
Businesses
2,261
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Listed by: Sean Alexander Morris • KW Lake Washington So
Mls Name: NWMLS
Mls ID: #2454382