Seattle, WA · investment market
Is Seattle a good place to invest right now?
Seattle's tech-anchored demand and constrained supply keep quality multifamily competitive and fast-moving. When deals clear quickly, freshness is the edge. The scan flags new listings before they're gone.
- Typical cap
- 5.0%
- Typical $/sqft
- $380
- Typical $/unit
- $330K
Market baselines for context. The full analysis underwrites each listing against nearby sales.
Exhibit 1 · Top-ranked Seattle deals right now
What PropHunt checks on every Seattle deal
10 specialists read each listing. When a signal is missing for Seattle, the specialist abstains instead of guessing.
- Investment Analyst
- Rebuilds NOI, cap rate and debt coverage from the listing.
- Market Comparables
- Recent sales and rent comps say what the price should be.
- Demographics & Demand
- Census income, growth and jobs: is there demand at these rents?
- Location & Trajectory
- Transit, walkability and crime: where the neighborhood is heading.
- Risk/Return
- Stress-tests debt coverage and returns across simulated downside years.
- Construction Scope
- Age, permits and condition set the capex the deal must carry.
- Market Signals
- Local news and listing chatter. Small weight by design.
- Environmental Risk
- FEMA flood, quake and wildfire screens, insurance impact.
- Regulatory & Legal
- Zoning, rent control and violations: what the law allows here.
- City Open Data
- City permit, inspection and violation records for this building.
Seattle investing questions
How does PropHunt rank Seattle deals?
Every Seattle listing gets a first-pass score: cap rate, price per unit and price per square foot against the local market, days on market, and how many sites carry it. The ones at the top are worth a full analysis: 10 specialist reads, a 10,000-path Monte Carlo and a pencil price, the most you can pay and still clear the lender's DSCR floor.
What's a typical cap rate in Seattle?
A typical market baseline for Seattle runs around 5.0% cap rate, roughly $380/sqft and about $330K per unit. These are baselines for context. The full analysis underwrites each listing against nearby sales, not the average.
Is the Seattle deal scan really free?
Yes. The market scan is free, takes about 15 seconds and needs no card. A full analysis costs 1 credit, which is under $3 on every plan, and paid plans start with a 7-day trial.
Underwrite every listing in Seattle.
The free scan ranks today's listings in about 15 seconds. Each full analysis then runs 10 specialist reads, a 10,000-path Monte Carlo and a pencil price, in 2-3 minutes and under $3 a building.
- specialist reads per deal
- 10
- Monte Carlo paths
- 10,000
- per full analysis
- 2-3 min
- a building, any plan
- <$3