S Lakeridge DrSeattleWA98178
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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 S Lakeridge Dr, Seattle, WA, 98178 uses $157,297 cash to close to unlock $1,034/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $2,322/mo payment keeps the spread at $86/mo. Purchase price stands at $474,500, and rental yield measures 7.43% with $2,938/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $131,096 over five years. Five-year ROI reaches 106.14% and total cumulative return in cash records $166,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $2,322/mo payment rather than investor’s personal income.
Single Family
Built in 2014
4,000 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98178, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,308 (100%) |
| Owner Occupied HU | 6,066 (65.2%) |
| Renter Occupied HU | 2,839 (30.5%) |
| Vacant Housing Units | 403 ( 4.3%) |
| Median Home Value | $736,884 |
| Average Home Value | $853,702 |
Housing Distribution
Address Breakdown
Residential
9,600
Single Family
7,879
Multi-Family
1,721
Businesses
248
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Listed by: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A