5220 42nd Avenue S #105SeattleWA98118
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 5220 42nd Avenue S #105, Seattle, WA, 98118 in Seattle at $379,000 earns $2,413/mo in rent and nets $135/mo after the $1,704/mo payment, a 7.64% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $104,711 over five years. Ziffy Mortgage underwrites this on a 1.42 DSCR without U.S. credit history. With $3,491/yr in principal paydown, total projected return reaches $152,102.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 4.8% |
| Monthly Cash Flow | $135 | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,413 |
| Total Monthly Debt Service | $2,127 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1962
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98118, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,071 (100%) |
| Owner Occupied HU | 10,434 (52.0%) |
| Renter Occupied HU | 8,756 (43.6%) |
| Vacant Housing Units | 881 ( 4.4%) |
| Median Home Value | $876,613 |
| Average Home Value | $1,025,181 |
Housing Distribution
Address Breakdown
Residential
19,933
Single Family
13,469
Multi-Family
6,464
Businesses
1,135
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 1962
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98118, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,071 (100%) |
| Owner Occupied HU | 10,434 (52.0%) |
| Renter Occupied HU | 8,756 (43.6%) |
| Vacant Housing Units | 881 ( 4.4%) |
| Median Home Value | $876,613 |
| Average Home Value | $1,025,181 |
Housing Distribution
Address Breakdown
Residential
19,933
Single Family
13,469
Multi-Family
6,464
Businesses
1,135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George L Beasley • Realogics Sotheby's Int'l Rlty
Mls Name: NWMLS
Mls ID: #2439502