6221 20th Avenue NWSeattleWA98107
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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 6221 20th Avenue NW, Seattle, WA, 98107 offers a 4.44% rental yield on a $1,035,000 purchase with $3,830/mo rent. 81% in year one. Equity gained on principal adds $6,679/yr while 5% annual appreciation supports $285,951 over five years. Portfolio math shows five-year ROI at 59.09% and total cumulative return in cash at $198,144. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,830/mo property income against a $5,066/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2017
906.05 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
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Listed by: Caitlin Sullivan • COMPASS
Mls Name: NWMLS
Mls ID: #2437707