8117 16th Avenue SWSeattleWA98106
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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 8117 16th Avenue SW, Seattle, WA, 98106 listed at $665,000 pairs $3,796/mo rent with a $3,255/mo payment. Total monthly income runs $3,796/mo. Return on cash invested measures 18.95% in year one, and rental yield registers 6.85% at a $665,000 basis. Equity gained on principal adds $4,291/yr, and annual property appreciation at 5% supports $183,727 by year five. Five-year ROI tracks 97.46% and total cumulative return in cash totals $213,235. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,796/mo property income relative to a $3,255/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
5,118 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98106, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,278 (100%) |
| Owner Occupied HU | 6,315 (56.0%) |
| Renter Occupied HU | 4,548 (40.3%) |
| Vacant Housing Units | 415 ( 3.7%) |
| Median Home Value | $731,639 |
| Average Home Value | $831,135 |
Housing Distribution
Address Breakdown
Residential
11,266
Single Family
8,359
Multi-Family
2,907
Businesses
483
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Listed by: Karen S Jones • Redfin
Mls Name: NWMLS
Mls ID: #2430174