8137 31st Avenue SWSeattleWA98126
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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 8137 31st Avenue SW, Seattle, WA, 98126 offers a 5.26% rental yield on a $750,000 purchase with $3,287/mo rent. 12% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 71.53% and total cumulative return in cash at $176,502. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,287/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,934 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98126, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 6,229 (52.6%) |
| Renter Occupied HU | 5,109 (43.1%) |
| Vacant Housing Units | 513 ( 4.3%) |
| Median Home Value | $865,546 |
| Average Home Value | $1,031,425 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
7,534
Multi-Family
3,444
Businesses
323
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Listed by: Casey Mcquery • Redfin
Mls Name: NWMLS
Mls ID: #2436744