626 4th Avenue W #403SeattleWA98119
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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 626 4th Avenue W #403, Seattle, WA, 98119 earns $408/mo cash flow from $2,807/mo rent with a $1,953/mo payment. Total monthly income totals $2,807/mo, and annual cash flow totals $4,901/yr on $132,269 capital. ROI tracks 23.61% on current figures, and rental yield reads 8.44% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 122.49% and total cumulative return in cash sums $162,014. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,807/mo property income instead of your personal income.
Condo
Built in 1996
N/A 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: Greg Rosenwald • COMPASS
Mls Name: NWMLS
Mls ID: #2424570