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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Seattle at 551 S Sullivan Street, Seattle, WA, 98108 priced at $1,100,000 pairs $4,876/mo rent with after a $5,384/mo payment. Total monthly income equals $4,876/mo. Return on cash invested is 14.52% in year one, and rental yield stands at 5.32% on a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and 5% annual appreciation accumulates to $303,910 by year five. Five-year ROI measures 73.62% and total cumulative return in cash reaches $262,399. For financing, Ziffy Mortgage’s DSCR program evaluates $4,876/mo property income against a $5,384/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2003
4,499 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98108, Seattle, WA area.
| 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 |
Residential
8,731
Single Family
7,391
Multi-Family
1,340
Businesses
1,776
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Autumn Allen • Inspire Realty
Mls Name: NWMLS
Mls ID: #2432505
