7138 47th Avenue SWSeattleWA98136
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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
Rental property for sale in Seattle at 7138 47th Avenue SW, Seattle, WA, 98136 generates $4,516/mo in rent, after a $4,234/mo payment. Total monthly income is $4,516/mo. Return on cash invested sits at 17.18% in year one, and rental yield is 6.26% on a $865,000 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation builds toward $238,984 over five years. Five-year ROI reaches 87.93% and total cumulative return in cash sums $250,239. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,516/mo property income rather than buyer’s personal income.
Multi Family
Built in 1955
5,248 sqft 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: Nicole Dankworth • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2457198