7324 S 131st CourtSeattleWA98178
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 7324 S 131st Court, Seattle, WA, 98178 in Seattle. Rental yield 6.55%. The 1.21 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $209,684 and $6,990/yr in principal reduction project total return of $260,031.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 4.8% |
| Monthly Cash Flow | $(422) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,140 |
| Total Monthly Debt Service | $4,260 |
| DSCR Ratio | 0.97x |
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.
Single Family
Built in 1946
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98178, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,308 (100%) |
| Owner Occupied HU | 6,066 (65.2%) |
| Renter Occupied HU | 2,839 (30.5%) |
| Vacant Housing Units | 403 ( 4.3%) |
| Median Home Value | $736,884 |
| Average Home Value | $853,702 |
Housing Distribution
Address Breakdown
Residential
9,600
Single Family
7,879
Multi-Family
1,721
Businesses
248
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
Single Family
Built in 1946
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98178, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,308 (100%) |
| Owner Occupied HU | 6,066 (65.2%) |
| Renter Occupied HU | 2,839 (30.5%) |
| Vacant Housing Units | 403 ( 4.3%) |
| Median Home Value | $736,884 |
| Average Home Value | $853,702 |
Housing Distribution
Address Breakdown
Residential
9,600
Single Family
7,879
Multi-Family
1,721
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Curie R. Brown • AgencyOne
Mls Name: NWMLS
Mls ID: #2469478