6320 41st Avenue SW #BSeattleWA98136
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 6320 41st Avenue SW #B, Seattle, WA, 98136 in Seattle is narrow, $19/mo net on $4,630/mo rent after the $3,449/mo debt service, but the property operates at break-even-plus, not a loss. At $767,000 with a 7.24% yield, the long-run equity case via 5% appreciation ($211,908 over five years) and $7,064/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.34 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $291,499.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 4.8% |
| Monthly Cash Flow | $19 | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,630 |
| Total Monthly Debt Service | $4,305 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 2022
653.40 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98136, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,622 (100%) |
| Owner Occupied HU | 5,097 (66.9%) |
| Renter Occupied HU | 2,232 (29.3%) |
| Vacant Housing Units | 293 ( 3.8%) |
| Median Home Value | $980,742 |
| Average Home Value | $1,185,017 |
Housing Distribution
Address Breakdown
Residential
7,807
Single Family
6,016
Multi-Family
1,791
Businesses
196
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
Single Family
Built in 2022
653.40 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98136, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,622 (100%) |
| Owner Occupied HU | 5,097 (66.9%) |
| Renter Occupied HU | 2,232 (29.3%) |
| Vacant Housing Units | 293 ( 3.8%) |
| Median Home Value | $980,742 |
| Average Home Value | $1,185,017 |
Housing Distribution
Address Breakdown
Residential
7,807
Single Family
6,016
Multi-Family
1,791
Businesses
196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2496150