7332 17th Avenue NESeattleWA98115
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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 7332 17th Avenue NE, Seattle, WA, 98115 generates $4,523/mo in rent, after a $4,138/mo payment. Total monthly income is $4,523/mo. Return on cash invested sits at 17.65% in year one, and rental yield is 6.42% on a $845,500 entry. Equity gained on principal adds $5,456/yr, while 5% annual appreciation builds toward $233,596 over five years. Five-year ROI reaches 90.44% and total cumulative return in cash sums $251,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,523/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
4,081 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98115, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,872 (100%) |
| Owner Occupied HU | 14,113 (54.5%) |
| Renter Occupied HU | 10,553 (40.8%) |
| Vacant Housing Units | 1,206 ( 4.7%) |
| Median Home Value | $1,198,608 |
| Average Home Value | $1,277,172 |
Housing Distribution
Address Breakdown
Residential
25,339
Single Family
17,008
Multi-Family
8,331
Businesses
1,209
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Listed by: Leah Davidson • Windermere Real Estate Midtown
Mls Name: NWMLS
Mls ID: #2431745