7019 47th Avenue SW #18SeattleWA98136
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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
Total monthly income runs $4,816/mo, and a $7,244/mo payment. Purchase price stands at $1,480,000, and rental yield measures 3.9% with $4,816/mo rent. Return on cash invested shows 10.16% in year one, and 5% annual appreciation builds toward $408,897 over five years. Five-year ROI reaches 50.22% and total cumulative return in cash records $240,812. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,816/mo property income covering a $7,244/mo payment rather than investor’s personal income.
Condo
Built in 1978
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
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Listed by: Britt Procopio • COMPASS
Mls Name: NWMLS
Mls ID: #2447268