5606 59th Avenue NESeattleWA98105
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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 5606 59th Avenue NE, Seattle, WA, 98105 listed at $1,295,000 pairs $5,045/mo rent with a $6,338/mo payment. Total monthly income runs $5,045/mo. Return on cash invested measures 12.54% in year one, and rental yield registers 4.67% at a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and annual property appreciation at 5% supports $357,785 by year five. Five-year ROI tracks 62.96% and total cumulative return in cash totals $264,174. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,045/mo property income relative to a $6,338/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98105, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,129 (100%) |
| Owner Occupied HU | 5,573 (25.2%) |
| Renter Occupied HU | 14,642 (66.2%) |
| Vacant Housing Units | 1,914 ( 8.6%) |
| Median Home Value | $1,357,253 |
| Average Home Value | $1,424,115 |
Housing Distribution
Address Breakdown
Residential
19,980
Single Family
8,289
Multi-Family
11,691
Businesses
1,361
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Listed by: Allison Mull • Windermere Real Estate Midtown
Mls Name: NWMLS
Mls ID: #2442713