5906 28th Avenue NWSeattleWA98107
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 5906 28th Avenue NW, Seattle, WA, 98107 in Seattle at $1,385,000, 3.73% gross yield, is a market-growth asset. Rental yield 3.73%. The $4,300/mo rent partially funds the $6,228/mo debt service; the core return is the 5%/yr price growth projected to add $382,650 over five years. Ziffy Mortgage's DSCR mortgage (0.69) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $265,054.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 4.8% |
| Monthly Cash Flow | $(4,026) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,300 |
| Total Monthly Debt Service | $7,774 |
| DSCR Ratio | 0.55x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1944
3,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98107, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,998 (100%) |
| Owner Occupied HU | 6,002 (35.3%) |
| Renter Occupied HU | 10,066 (59.2%) |
| Vacant Housing Units | 930 ( 5.5%) |
| Median Home Value | $1,004,136 |
| Average Home Value | $1,128,263 |
Housing Distribution
Address Breakdown
Residential
16,211
Single Family
7,854
Multi-Family
8,357
Businesses
1,507
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
Multi Family
Built in 1944
3,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98107, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,998 (100%) |
| Owner Occupied HU | 6,002 (35.3%) |
| Renter Occupied HU | 10,066 (59.2%) |
| Vacant Housing Units | 930 ( 5.5%) |
| Median Home Value | $1,004,136 |
| Average Home Value | $1,128,263 |
Housing Distribution
Address Breakdown
Residential
16,211
Single Family
7,854
Multi-Family
8,357
Businesses
1,507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Fraser • SPIRE ONE Realty
Mls Name: NWMLS
Mls ID: #2437754