548 S Cloverdale Street #DSeattleWA98108
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 548 S Cloverdale Street #D, Seattle, WA, 98108 in Seattle at $594,950 earns $3,767/mo in rent and nets $190/mo after the $2,675/mo payment, a 7.6% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $164,374 over five years. Ziffy Mortgage underwrites this on a 1.41 DSCR without U.S. credit history. With $5,480/yr in principal paydown, total projected return reaches $237,438.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 4.8% |
| Monthly Cash Flow | $190 | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,767 |
| Total Monthly Debt Service | $3,340 |
| 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.
Townhouse
Built in 2025
1,097 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
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
Townhouse
Built in 2025
1,097 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: #2477397