9416 1st Avenue NE #312SeattleWA98115
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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 9416 1st Avenue NE #312, Seattle, WA, 98115 listed at $325,000 pairs $2,213/mo rent with a $1,591/mo payment to leave $259/mo cash flow. Total monthly income runs $2,213/mo, and annual cash flow reaches $3,109/yr on $107,738 cash to close. Return on cash invested measures 22.79% in year one, and rental yield registers 8.17% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 118.12% and total cumulative return in cash totals $127,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,213/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98115, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,872 (100%) |
| Owner Occupied HU | 14,113 (54.5%) |
| Renter Occupied HU | 10,553 (40.8%) |
| Vacant Housing Units | 1,206 ( 4.7%) |
| Median Home Value | $1,198,608 |
| Average Home Value | $1,277,172 |
Housing Distribution
Address Breakdown
Residential
25,339
Single Family
17,008
Multi-Family
8,331
Businesses
1,209
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Listed by: Brennen Clouse • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2470792