623 W Highland DriveSeattleWA98119
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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 623 W Highland Drive, Seattle, WA, 98119 projects strong ROI of 3.02%. Rental yield 1.59%. With 5% annual appreciation, the property builds $1,643,875 in value over five years. Equity growth combined delivers a projected five-year ROI of 11.91%, translating into $229,555 in total cumulative return on $1,927,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1979
8,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98119, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,303 (100%) |
| Owner Occupied HU | 5,344 (34.9%) |
| Renter Occupied HU | 8,857 (57.9%) |
| Vacant Housing Units | 1,102 ( 7.2%) |
| Median Home Value | $1,368,989 |
| Average Home Value | $1,414,364 |
Housing Distribution
Address Breakdown
Residential
14,152
Single Family
5,404
Multi-Family
8,748
Businesses
905
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Listed by: Charles Sirianni • Windermere Mercer Island
Mls Name: NWMLS
Mls ID: #2432325