8442 24th Avenue SWSeattleWA98106
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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 8442 24th Avenue SW, Seattle, WA, 98106 offers a 6.5% rental yield on a $475,000 purchase with $2,572/mo rent. 75% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 91.03% and total cumulative return in cash at $143,335. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,572/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
7,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98106, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,278 (100%) |
| Owner Occupied HU | 6,315 (56.0%) |
| Renter Occupied HU | 4,548 (40.3%) |
| Vacant Housing Units | 415 ( 3.7%) |
| Median Home Value | $731,639 |
| Average Home Value | $831,135 |
Housing Distribution
Address Breakdown
Residential
11,266
Single Family
8,359
Multi-Family
2,907
Businesses
483
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Listed by: John Traweek • Berkshire Hathaway HS NW
Mls Name: NWMLS
Mls ID: #2469527