805 S Sullivan StreetSeattleWA98108
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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 805 S Sullivan Street, Seattle, WA, 98108 priced at $485,000 converts $2,940/mo rent into $24/mo cash flow after a $2,374/mo obligation. Total monthly income equals $2,940/mo, and annual cash flow totals $293/yr on $160,778 invested. Return on cash invested prints 20.09% in year one, and rental yield reads 7.27% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 103.6% and total cumulative return in cash sums $166,562. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,940/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98108, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,328 (100%) |
| Owner Occupied HU | 4,948 (53.0%) |
| Renter Occupied HU | 3,922 (42.0%) |
| Vacant Housing Units | 458 ( 4.9%) |
| Median Home Value | $749,652 |
| Average Home Value | $849,608 |
Housing Distribution
Address Breakdown
Residential
8,731
Single Family
7,391
Multi-Family
1,340
Businesses
1,776
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Listed by: Adrian Chu • Specialty Real Estate Group
Mls Name: NWMLS
Mls ID: #2460108