750 11th Avenue E #202SeattleWA98102
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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 750 11th Avenue E #202, Seattle, WA, 98102 generates $2,224/mo in rent and, after a $1,429/mo payment, leaves $469/mo in cash flow. Total monthly income is $2,224/mo, and annual cash flow is $5,628/yr on $96,765 invested. Return on cash invested sits at 25.73% in year one, and rental yield is 9.14% on a $291,900 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation builds toward $80,647 over five years. Five-year ROI reaches 133.85% and total cumulative return in cash sums $129,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,224/mo property income rather than buyer’s personal income.
Condo
Built in 2018
10,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98102, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,617 (100%) |
| Owner Occupied HU | 4,535 (24.4%) |
| Renter Occupied HU | 12,560 (67.5%) |
| Vacant Housing Units | 1,522 ( 8.2%) |
| Median Home Value | $1,367,110 |
| Average Home Value | $1,409,002 |
Housing Distribution
Address Breakdown
Residential
17,363
Single Family
3,956
Multi-Family
13,407
Businesses
799
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Listed by: Leslie Deamer • Windermere Real Estate/Summit
Mls Name: NWMLS
Mls ID: #2434677