6920 California Avenue SW #45SeattleWA98136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6920 California Avenue SW #45, Seattle, WA, 98136 listed at $699,500 pairs $4,186/mo rent with a $3,424/mo payment. Total monthly income runs $4,186/mo. Return on cash invested measures 19.96% in year one, and rental yield registers 7.18% at a $699,500 basis. Equity gained on principal adds $4,514/yr, and annual property appreciation at 5% supports $193,259 by year five. Five-year ROI tracks 102.85% and total cumulative return in cash totals $236,691. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,186/mo property income relative to a $3,424/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98136, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,622 (100%) |
| Owner Occupied HU | 5,097 (66.9%) |
| Renter Occupied HU | 2,232 (29.3%) |
| Vacant Housing Units | 293 ( 3.8%) |
| Median Home Value | $980,742 |
| Average Home Value | $1,185,017 |
Housing Distribution
Address Breakdown
Residential
7,807
Single Family
6,016
Multi-Family
1,791
Businesses
196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Morgan Lacy • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2422048