I've noticed that you have posted this question about several different Seattle neighborhoods, which leads me to think you're trying to decide what neighborhood would be right for you. As a Realtor and a 20 year Seattle resident, I can help you with neighborhoods. In fact, I recently moved from Queen Anne where I lived for nearly 10 years, and I have also lived in Magnolia, Fremont, Lake City/Meadowbrook, and Phinney Ridge/Greenlake. I am very knowledgeable about neighborhoods, as well as working as a buyer's agent. Feel free to contact me at email@example.com or www.jamieflaxman.com.
P.S. Love Queen Anne - particularly the shops and restaurants at the top of the hill, the parks, and the character of the homes.... more
These are traditionally strong rental areas. The answer to your question really depends on what a specific property will pencil out at. If you cover your costs with rental income, that's great--But of course you've got to buy something that will appreciate enough so that you could sell if you had to. There is a ton of inventory out there, as you know. Price sells everything, so if you can find a quality property that allows you to offer a reasonable rental rate, you should have no problem attracting renters.... more