5220 21st Avenue NE #1SeattleWA98105
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 5220 21st Avenue NE #1, Seattle, WA, 98105 in Seattle. Rental yield 6.72%. The 1.25 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $138,127 and $4,605/yr in principal reduction project total return of $176,063.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 4.8% |
| Monthly Cash Flow | $(204) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,801 |
| Total Monthly Debt Service | $2,806 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1976
N/A 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
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
Condo
Built in 1976
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherry Parker • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2440684