9480 Olson Place SW #GSeattleWA98106
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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 9480 Olson Place SW #G, Seattle, WA, 98106 uses $132,583 cash to close to unlock $3,341/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $2,683/mo, and a $1,958/mo payment keeps the spread at $278/mo. Purchase price stands at $399,950, and rental yield measures 8.05% with $2,683/mo rent. Return on cash invested shows 22.43% in year one, and 5% annual appreciation builds toward $110,499 over five years. Five-year ROI reaches 116.14% and total cumulative return in cash records $153,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,683/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
N/A 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: Tom E. Brunner • Berkshire Hathaway HS NW
Mls Name: NWMLS
Mls ID: #2467204