548 S Cloverdale Street #ASeattleWA98108
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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
Rental property for sale in Seattle at 548 S Cloverdale Street #A, Seattle, WA, 98108 priced at $589,950 converts $3,719/mo rent into $172/mo cash flow after a $2,888/mo obligation. Total monthly income equals $3,719/mo, and annual cash flow totals $2,067/yr on $194,094 invested. Return on cash invested prints 21.13% in year one, and rental yield reads 7.56% against a $589,950 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $162,992 by year five. Five-year ROI reaches 109.11% and total cumulative return in cash sums $211,776. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,719/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
596.77 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: Q Pham • Dove Realty, Inc.
Mls Name: NWMLS
Mls ID: #2469470