9710 5th Avenue NE #503SeattleWA98115
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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 9710 5th Avenue NE #503, Seattle, WA, 98115 uses $157,131 cash to close to unlock $5,132/yr annual cash flow and $428/mo monthly cash flow. Total monthly income runs $3,277/mo, and a $2,320/mo payment keeps the spread at $428/mo. Purchase price stands at $474,000, and rental yield measures 8.3% with $3,277/mo rent. Return on cash invested shows 23.18% in year one, and 5% annual appreciation builds toward $130,957 over five years. Five-year ROI reaches 120.12% and total cumulative return in cash records $188,741. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,277/mo property income covering a $2,320/mo payment rather than investor’s personal income.
Condo
Built in 1979
0.91 Acres 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: Adam E. Cobb • Windermere Real Estate GH LLC
Mls Name: NWMLS
Mls ID: #2444713