81 Clay Street #428SeattleWA98121
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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 81 Clay Street #428, Seattle, WA, 98121 offers a 11.28% rental yield on a $299,990 purchase with $2,820/mo rent. Total monthly income registers $2,820/mo, and a $1,468/mo payment leaves $1,017/mo available for distribution. Annual cash flow reaches $12,204/yr on $99,447 to close, and return on cash invested stands at 32.18% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,882 over five years. Portfolio math shows five-year ROI at 168.47% and total cumulative return in cash at $167,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,820/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
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: Shelly Xiuping Hu • Globenex Realty
Mls Name: NWMLS
Mls ID: #2471887