611 Highland Drive #101SeattleWA98109
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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 611 Highland Drive #101, Seattle, WA, 98109 listed at $379,950 pairs $2,732/mo rent with a $1,860/mo payment to leave $448/mo cash flow. Total monthly income runs $2,732/mo, and annual cash flow reaches $5,373/yr on $125,953 cash to close. Return on cash invested measures 24.17% in year one, and rental yield registers 8.63% at a $379,950 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,973 by year five. Five-year ROI tracks 125.49% and total cumulative return in cash totals $158,061. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,732/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
7,679 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98109, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,162 (100%) |
| Owner Occupied HU | 3,929 (16.3%) |
| Renter Occupied HU | 18,176 (75.2%) |
| Vacant Housing Units | 2,057 ( 8.5%) |
| Median Home Value | $1,151,246 |
| Average Home Value | $1,212,211 |
Housing Distribution
Address Breakdown
Residential
24,151
Single Family
3,860
Multi-Family
20,291
Businesses
1,842
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Listed by: Debbie R. Kinson-Newman • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2471494