76 Cedar Street #608SeattleWA98121
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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 76 Cedar Street #608, Seattle, WA, 98121 generates $2,333/mo in rent and, after a $1,444/mo payment, leaves $560/mo in cash flow. Total monthly income is $2,333/mo, and annual cash flow is $6,715/yr on $97,793 invested. Return on cash invested sits at 26.78% in year one, and rental yield is 9.49% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 139.45% and total cumulative return in cash sums $136,370. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,333/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98121, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,500 (100%) |
| Owner Occupied HU | 3,599 (20.6%) |
| Renter Occupied HU | 12,319 (70.4%) |
| Vacant Housing Units | 1,582 ( 9.0%) |
| Median Home Value | $989,046 |
| Average Home Value | $1,081,110 |
Housing Distribution
Address Breakdown
Residential
17,321
Single Family
1,582
Multi-Family
15,739
Businesses
1,207
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Listed by: Nick Alevizatos • Kelly Right RE of Seattle LLC
Mls Name: NWMLS
Mls ID: #2369257