6614 Carleton Ave S #BSeattleWA98108
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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 6614 Carleton Ave S #B, Seattle, WA, 98108 priced at $651,000 pairs $4,326/mo rent with $150/mo cash flow after a $3,186/mo payment. Total monthly income equals $4,326/mo, and annual cash flow comes to $1,801/yr on $214,179 invested. Return on cash invested is 20.9% in year one, and rental yield stands at 7.97% on a $651,000 basis. Equity gained on principal adds $4,201/yr, and 5% annual appreciation accumulates to $179,859 by year five. Five-year ROI measures 108.44% and total cumulative return in cash reaches $232,252. For financing, Ziffy Mortgage’s DSCR program evaluates $4,326/mo property income against a $3,186/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2024
435.60 sqft lot
$N/A/sqft
$263 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98108, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,328 (100%) |
| Owner Occupied HU | 4,948 (53.0%) |
| Renter Occupied HU | 3,922 (42.0%) |
| Vacant Housing Units | 458 ( 4.9%) |
| Median Home Value | $749,652 |
| Average Home Value | $849,608 |
Housing Distribution
Address Breakdown
Residential
8,731
Single Family
7,391
Multi-Family
1,340
Businesses
1,776
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Listed by: N/A • N/A
Mls Name: Realogics Sothebys International Realty
Mls ID: #2372129