6705 Delridge Way SWSeattleWA98106
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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 6705 Delridge Way SW, Seattle, WA, 98106 earns from $3,637/mo rent with a $5,384/mo payment. Total monthly income totals $3,637/mo. ROI tracks 10.35% on current figures, and rental yield reads 3.97% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 51.25% and total cumulative return in cash sums $182,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,637/mo property income instead of your personal income.
Multi Family
Built in 1957
7,936 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98106, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,278 (100%) |
| Owner Occupied HU | 6,315 (56.0%) |
| Renter Occupied HU | 4,548 (40.3%) |
| Vacant Housing Units | 415 ( 3.7%) |
| Median Home Value | $731,639 |
| Average Home Value | $831,135 |
Housing Distribution
Address Breakdown
Residential
11,266
Single Family
8,359
Multi-Family
2,907
Businesses
483
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Listed by: Justin Kraft • Highmark Partners
Mls Name: NWMLS
Mls ID: #2432571