8518 11th Avenue NWSeattleWA98117
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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
Total monthly income runs $3,821/mo, and a $4,160/mo payment. Purchase price stands at $850,000, and rental yield measures 5.39% with $3,821/mo rent. Return on cash invested shows 14.53% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 73.74% and total cumulative return in cash records $206,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,821/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1918
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98117, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,456 (100%) |
| Owner Occupied HU | 10,467 (67.7%) |
| Renter Occupied HU | 4,416 (28.6%) |
| Vacant Housing Units | 573 ( 3.7%) |
| Median Home Value | $1,114,719 |
| Average Home Value | $1,212,438 |
Housing Distribution
Address Breakdown
Residential
15,298
Single Family
13,059
Multi-Family
2,239
Businesses
368
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Listed by: Mariah OKeefe • Redfin
Mls Name: NWMLS
Mls ID: #2434696