8422 S 122nd StreetSeattleWA98178
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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 8422 S 122nd Street, Seattle, WA, 98178 generates $4,175/mo in rent, after a $4,302/mo payment. Total monthly income is $4,175/mo. Return on cash invested sits at 15.46% in year one, and rental yield is 5.7% on a $879,000 entry. Equity gained on principal adds $5,672/yr, while 5% annual appreciation builds toward $242,851 over five years. Five-year ROI reaches 78.72% and total cumulative return in cash sums $227,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,175/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98178, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,308 (100%) |
| Owner Occupied HU | 6,066 (65.2%) |
| Renter Occupied HU | 2,839 (30.5%) |
| Vacant Housing Units | 403 ( 4.3%) |
| Median Home Value | $736,884 |
| Average Home Value | $853,702 |
Housing Distribution
Address Breakdown
Residential
9,600
Single Family
7,879
Multi-Family
1,721
Businesses
248
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Listed by: Nancy Gonzalez • CENTURY 21 Real Estate Center
Mls Name: NWMLS
Mls ID: #2413589