548 S Cloverdale Street #BSeattleWA98108
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
Investment Highlights
Investment property for sale in Seattle at 548 S Cloverdale Street #B, Seattle, WA, 98108 with 5% annual appreciation on a $589,950 basis while $3,650/mo rent supports operations. Total monthly income totals $3,650/mo and a $2,888/mo payment preserves $103/mo for cash returns. Annual cash flow comes to $1,239/yr on $194,094 deployed, and return on cash invested reaches 20.7% in year one. Equity gained on principal adds $3,807/yr, and five-year appreciation sums $162,992 alongside rental yield of 7.42%. Five-year ROI measures 106.82% and total cumulative return in cash totals $207,336.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,650/mo property income versus a $2,888/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Q Pham • Dove Realty, Inc.
Mls Name: NWMLS
Mls ID: #2475516