7503 24th Ave 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
Investment property for sale in Seattle at 7503 24th Ave NE, Seattle, WA, 98115 earns from $5,083/mo rent with a $4,526/mo payment. Total monthly income totals $5,083/mo. ROI tracks 17.86% on current figures, and rental yield reads 6.6% at a $924,800 purchase. Equity gained on principal adds $5,968/yr, and 5% annual appreciation supports $255,505 over five years. Five-year ROI reaches 91.71% and total cumulative return in cash sums $279,046. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,083/mo property income instead of your personal income.
Single Family
Built in 1952
4,635 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A