7147 29th Avenue SWSeattleWA98126
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 7147 29th Avenue SW, Seattle, WA, 98126 listed at $749,000 pairs $4,780/mo rent with a $3,666/mo payment to leave $278/mo cash flow. Total monthly income runs $4,780/mo, and annual cash flow reaches $3,331/yr on $246,421 cash to close. Return on cash invested measures 21.41% in year one, and rental yield registers 7.66% at a $749,000 basis. Equity gained on principal adds $4,833/yr, and annual property appreciation at 5% supports $206,935 by year five. Five-year ROI tracks 110.63% and total cumulative return in cash totals $272,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,780/mo property income relative to a $3,666/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
6,629 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98126, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 6,229 (52.6%) |
| Renter Occupied HU | 5,109 (43.1%) |
| Vacant Housing Units | 513 ( 4.3%) |
| Median Home Value | $865,546 |
| Average Home Value | $1,031,425 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
7,534
Multi-Family
3,444
Businesses
323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elaine Shankland • KW Greater Seattle
Mls Name: NWMLS
Mls ID: #2403589