6538 D Latona Avenue NESeattleWA98115
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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
Rental property for sale in Seattle at 6538 D Latona Avenue NE, Seattle, WA, 98115 generates $4,952/mo in rent, after a $5,506/mo payment. Total monthly income is $4,952/mo. Return on cash invested sits at 14.41% in year one, and rental yield is 5.28% on a $1,125,000 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 73.02% and total cumulative return in cash sums $266,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,952/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
766.66 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98115, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,872 (100%) |
| Owner Occupied HU | 14,113 (54.5%) |
| Renter Occupied HU | 10,553 (40.8%) |
| Vacant Housing Units | 1,206 ( 4.7%) |
| Median Home Value | $1,198,608 |
| Average Home Value | $1,277,172 |
Housing Distribution
Address Breakdown
Residential
25,339
Single Family
17,008
Multi-Family
8,331
Businesses
1,209
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Listed by: Grecia Thomas • Real Property Associates
Mls Name: NWMLS
Mls ID: #2454520