6525 7th Avenue NWSeattleWA98117
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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 6525 7th Avenue NW, Seattle, WA, 98117 offers a 4.9% rental yield on a $1,389,000 purchase with $5,671/mo rent. 23% in year one. Equity gained on principal adds $8,963/yr while 5% annual appreciation supports $383,755 over five years. Portfolio math shows five-year ROI at 66.68% and total cumulative return in cash at $300,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,671/mo property income against a $6,798/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1906
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98117, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,456 (100%) |
| Owner Occupied HU | 10,467 (67.7%) |
| Renter Occupied HU | 4,416 (28.6%) |
| Vacant Housing Units | 573 ( 3.7%) |
| Median Home Value | $1,114,719 |
| Average Home Value | $1,212,438 |
Housing Distribution
Address Breakdown
Residential
15,298
Single Family
13,059
Multi-Family
2,239
Businesses
368
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Listed by: Marianne Barkman • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2466033