8522 16th 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
Total monthly income runs $3,464/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 6.99% with $3,464/mo rent. Return on cash invested shows 19.37% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 99.69% and total cumulative return in cash records $195,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,464/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1956
8,241 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: Javier Fosado • Windermere West Metro
Mls Name: NWMLS
Mls ID: #2413611