7 Newell StreetSeattleWA98109
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 7 Newell Street, Seattle, WA, 98109 with 5% annual appreciation on a $1,399,000 basis while $5,600/mo rent supports operations. 93% in year one. Equity gained on principal adds $9,028/yr, and five-year appreciation sums $386,518 alongside rental yield of 4.8%. Five-year ROI measures 65.09% and total cumulative return in cash totals $295,049. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,600/mo property income versus a $6,847/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1927
3,201 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mia Klarich • Windermere Real Estate Midtown
Mls Name: NWMLS
Mls ID: #2430990