525 W Prospect Street #ASeattleWA98119
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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 525 W Prospect Street #A, Seattle, WA, 98119 with 5% annual appreciation on a $1,375,000 basis while $5,344/mo rent supports operations. 5% in year one. Equity gained on principal adds $8,873/yr, and five-year appreciation sums $379,887 alongside rental yield of 4.66%. Five-year ROI measures 62.78% and total cumulative return in cash totals $279,678. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,344/mo property income versus a $6,730/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1900
3,998 sqft 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
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Listed by: Dorothee Soechting Graham • COMPASS
Mls Name: NWMLS
Mls ID: #2429487