7 Harrison Street #5SeattleWA98109
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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 7 Harrison Street #5, Seattle, WA, 98109 with 5% annual appreciation on a $224,950 basis while $1,593/mo rent supports operations. Total monthly income totals $1,593/mo and a $1,101/mo payment preserves $241/mo for cash returns. Annual cash flow comes to $2,890/yr on $74,571 deployed, and return on cash invested reaches 23.78% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,150 alongside rental yield of 8.5%. Five-year ROI measures 123.38% and total cumulative return in cash totals $92,009.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,593/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1908
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98109, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,162 (100%) |
| Owner Occupied HU | 3,929 (16.3%) |
| Renter Occupied HU | 18,176 (75.2%) |
| Vacant Housing Units | 2,057 ( 8.5%) |
| Median Home Value | $1,151,246 |
| Average Home Value | $1,212,211 |
Housing Distribution
Address Breakdown
Residential
24,151
Single Family
3,860
Multi-Family
20,291
Businesses
1,842
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Listed by: Mark A. Anderson • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2402918