9220 16th Avenue SW #BSeattleWA98106
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 9220 16th Avenue SW #B, Seattle, WA, 98106 in Seattle delivers $3,649/mo in gross rent and $644/mo in net monthly income at a $500,000 entry. The 8.76% yield and 1.62 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $138,141 over five years and $4,605/yr in equity from loan paydown, total projected return is $230,643.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 4.8% |
| Monthly Cash Flow | $644 | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,649 |
| Total Monthly Debt Service | $2,807 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2010
818.93 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2010
818.93 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aaron Patrick Wilder • eXp Realty
Mls Name: NWMLS
Mls ID: #2437862