545 S Sullivan Street #CSeattleWA98108
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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 545 S Sullivan Street #C, Seattle, WA, 98108 with 5% annual appreciation on a $565,000 basis while $3,450/mo rent supports operations. Total monthly income totals $3,450/mo and a $2,765/mo payment preserves $54/mo for cash returns. Annual cash flow comes to $649/yr on $185,885 deployed, and return on cash invested reaches 20.41% in year one. Equity gained on principal adds $3,646/yr, and five-year appreciation sums $156,099 alongside rental yield of 7.33%. Five-year ROI measures 105.28% and total cumulative return in cash totals $195,699.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,450/mo property income versus a $2,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2009
858.13 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98108, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,328 (100%) |
| Owner Occupied HU | 4,948 (53.0%) |
| Renter Occupied HU | 3,922 (42.0%) |
| Vacant Housing Units | 458 ( 4.9%) |
| Median Home Value | $749,652 |
| Average Home Value | $849,608 |
Housing Distribution
Address Breakdown
Residential
8,731
Single Family
7,391
Multi-Family
1,340
Businesses
1,776
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Listed by: Erin Vella Jarzebowicz • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2437616