8322 Wabash Ave SSeattleWA98118
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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
Rental property for sale in Seattle at 8322 Wabash Ave S, Seattle, WA, 98118 generates $2,759/mo in rent, after a $5,638/mo payment. Total monthly income is $2,759/mo. Return on cash invested sits at 6.98% in year one, and rental yield is 2.87% on a $1,151,900 entry. Equity gained on principal adds $7,433/yr, while 5% annual appreciation builds toward $318,249 over five years. Five-year ROI reaches 33.16% and total cumulative return in cash sums $123,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,759/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98118, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,071 (100%) |
| Owner Occupied HU | 10,434 (52.0%) |
| Renter Occupied HU | 8,756 (43.6%) |
| Vacant Housing Units | 881 ( 4.4%) |
| Median Home Value | $876,613 |
| Average Home Value | $1,025,181 |
Housing Distribution
Address Breakdown
Residential
19,933
Single Family
13,469
Multi-Family
6,464
Businesses
1,135
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A