7345 17th Avenue NWSeattleWA98117
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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 7345 17th Avenue NW, Seattle, WA, 98117 generates $2,198/mo in rent, after a $7,831/mo payment. Total monthly income is $2,198/mo. Return on cash invested sits at 3.19% in year one, and rental yield is 1.65% on a $1,599,950 entry. Equity gained on principal adds $10,324/yr, while 5% annual appreciation builds toward $442,037 over five years. Five-year ROI reaches 12.88% and total cumulative return in cash sums $66,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,198/mo property income rather than buyer’s personal income.
Single Family
Built in 1902
4,081 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98117, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,456 (100%) |
| Owner Occupied HU | 10,467 (67.7%) |
| Renter Occupied HU | 4,416 (28.6%) |
| Vacant Housing Units | 573 ( 3.7%) |
| Median Home Value | $1,114,719 |
| Average Home Value | $1,212,438 |
Housing Distribution
Address Breakdown
Residential
15,298
Single Family
13,059
Multi-Family
2,239
Businesses
368
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Listed by: Erin Porter Glenn • Windermere RE/Capitol Hill,Inc
Mls Name: NWMLS
Mls ID: #2416962