9517 35th Avenue NE #2ASeattleWA98115
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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 9517 35th Avenue NE #2A, Seattle, WA, 98115 offers a 9.2% rental yield on a $399,800 purchase with $3,066/mo rent. Total monthly income registers $3,066/mo, and a $1,957/mo payment leaves $663/mo available for distribution. Annual cash flow reaches $7,951/yr on $132,534 to close, and return on cash invested stands at 25.91% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,457 over five years. Portfolio math shows five-year ROI at 134.77% and total cumulative return in cash at $178,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,066/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
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: Francie House • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2416976