6614 Carleton Avenue S #ASeattleWA98108
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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 Avenue S #A, Seattle, WA, 98108 generates $3,893/mo in rent and, after a $3,015/mo payment, leaves $190/mo in cash flow. Total monthly income is $3,893/mo, and annual cash flow is $2,282/yr on $202,648 invested. Return on cash invested sits at 21.19% in year one, and rental yield is 7.58% on a $615,950 entry. Equity gained on principal adds $3,975/yr, while 5% annual appreciation builds toward $170,176 over five years. Five-year ROI reaches 109.43% and total cumulative return in cash sums $221,763. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,893/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
1 sqft lot
$N/A/sqft
No 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: Tom Skepetaris • Realogics Sotheby's Int'l Rlty
Mls Name: NWMLS
Mls ID: #2474566