7341 16th Avenue SWSeattleWA98106
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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
Total monthly income runs $2,197/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 4.4% with $2,197/mo rent. Return on cash invested shows 11.51% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 57.56% and total cumulative return in cash records $113,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,197/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1949
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98106, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,278 (100%) |
| Owner Occupied HU | 6,315 (56.0%) |
| Renter Occupied HU | 4,548 (40.3%) |
| Vacant Housing Units | 415 ( 3.7%) |
| Median Home Value | $731,639 |
| Average Home Value | $831,135 |
Housing Distribution
Address Breakdown
Residential
11,266
Single Family
8,359
Multi-Family
2,907
Businesses
483
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Listed by: Felix Rodriguez • Quorum Real Estate Prop. Mgmt.
Mls Name: NWMLS
Mls ID: #2425364