521 5th Avenue W #402SeattleWA98119
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
Investment Highlights
Total monthly income runs $2,700/mo, and a $2,937/mo payment. Purchase price stands at $600,000, and rental yield measures 5.4% with $2,700/mo rent. Return on cash invested shows 14.55% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 73.81% and total cumulative return in cash records $145,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98119, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,303 (100%) |
| Owner Occupied HU | 5,344 (34.9%) |
| Renter Occupied HU | 8,857 (57.9%) |
| Vacant Housing Units | 1,102 ( 7.2%) |
| Median Home Value | $1,368,989 |
| Average Home Value | $1,414,364 |
Housing Distribution
Address Breakdown
Residential
14,152
Single Family
5,404
Multi-Family
8,748
Businesses
905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Hull • KW Greater Seattle
Mls Name: NWMLS
Mls ID: #2454405