7138 47th Avenue SWSeattleWA98136
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 7138 47th Avenue SW, Seattle, WA, 98136 in Seattle at $865,000. Rental yield 6.26%. The 6.26% yield and 1.16 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $238,984 by year five, and $7,967/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $283,347.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 4.8% |
| Monthly Cash Flow | $(684) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,516 |
| Total Monthly Debt Service | $4,856 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Dankworth • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2457198