817 24th Avenue S #BSeattleWA98144
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
Total monthly income runs $4,156/mo, and a $3,597/mo payment. Purchase price stands at $734,900, and rental yield measures 6.79% with $4,156/mo rent. Return on cash invested shows 18.76% in year one, and 5% annual appreciation builds toward $203,039 over five years. Five-year ROI reaches 96.43% and total cumulative return in cash records $233,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,156/mo property income covering a $3,597/mo payment rather than investor’s personal income.
Townhouse
Built in 2019
810.22 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98144, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,585 (100%) |
| Owner Occupied HU | 7,110 (40.4%) |
| Renter Occupied HU | 8,988 (51.1%) |
| Vacant Housing Units | 1,487 ( 8.5%) |
| Median Home Value | $954,137 |
| Average Home Value | $1,148,559 |
Housing Distribution
Address Breakdown
Residential
17,571
Single Family
9,141
Multi-Family
8,430
Businesses
880
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitzi C. Cameron • Camano Island Real Estate
Mls Name: NWMLS
Mls ID: #2449619