815 2nd Ave N APT CSeattleWA98109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 815 2nd Ave N APT C, Seattle, WA, 98109 generates $5,861/mo in rent, after a $5,485/mo payment. Total monthly income is $5,861/mo. Return on cash invested sits at 17.42% in year one, and rental yield is 6.28% on a $1,120,700 entry. Equity gained on principal adds $7,232/yr, while 5% annual appreciation builds toward $309,629 over five years. Five-year ROI reaches 89.2% and total cumulative return in cash sums $323,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,861/mo property income rather than buyer’s personal income.
Townhouse
Built in 2002
1,510 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98109, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,162 (100%) |
| Owner Occupied HU | 3,929 (16.3%) |
| Renter Occupied HU | 18,176 (75.2%) |
| Vacant Housing Units | 2,057 ( 8.5%) |
| Median Home Value | $1,151,246 |
| Average Home Value | $1,212,211 |
Housing Distribution
Address Breakdown
Residential
24,151
Single Family
3,860
Multi-Family
20,291
Businesses
1,842
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A