937 N 71st StreetSeattleWA98103
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 937 N 71st Street, Seattle, WA, 98103 in Seattle at $1,899,500, 4.01% gross yield, is a market-growth asset. Rental yield 4.01%. The $6,354/mo rent partially funds the $8,541/mo debt service; the core return is the 5%/yr price growth projected to add $524,797 over five years. Ziffy Mortgage's DSCR mortgage (0.74) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $392,902.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 4.8% |
| Monthly Cash Flow | $(5,064) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,354 |
| Total Monthly Debt Service | $10,662 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1940
8,446 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98103, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,485 (100%) |
| Owner Occupied HU | 12,186 (42.8%) |
| Renter Occupied HU | 14,816 (52.0%) |
| Vacant Housing Units | 1,483 ( 5.2%) |
| Median Home Value | $1,179,785 |
| Average Home Value | $1,252,363 |
Housing Distribution
Address Breakdown
Residential
26,783
Single Family
15,098
Multi-Family
11,685
Businesses
2,261
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
Single Family
Built in 1940
8,446 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98103, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,485 (100%) |
| Owner Occupied HU | 12,186 (42.8%) |
| Renter Occupied HU | 14,816 (52.0%) |
| Vacant Housing Units | 1,483 ( 5.2%) |
| Median Home Value | $1,179,785 |
| Average Home Value | $1,252,363 |
Housing Distribution
Address Breakdown
Residential
26,783
Single Family
15,098
Multi-Family
11,685
Businesses
2,261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Max Wurzburg • Windermere Real Estate Midtown
Mls Name: NWMLS
Mls ID: #2482451