Seattle-Bellevue-Everett, WA

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To some extent, Seattle remains a frontier metropolis, a place where people can experiment with their lives, and change and grow and make things happen.

Tom Robbins


Overview

Seattle is blessed by a unique location in between majestic mountains and an opportune spot hugging the Puget Sound.  This emerald city is considered the capital of the Pacific Northwest wonderland.  The area is characterized by by its mild weather, love of gourmet food, and an addiction to fantastic coffee.  Corporate giants Boeing, Microsoft, and Amazon all call Seattle home.


Airport

Seattle is served by the Sea Tac airport (SEA) which is approximately a thirty minute drive south of downtown.  Sea-Tac is a large airport which is the ninth busiest in the United States.  Both Alaska Airlines and Delta Airlines treat Sea-Tac as a hub.  Everett, north of Seattle, will soon start having commuter flights. Southwest Arilines serves 10 destinations from SEA.

Investing Nearby

Other metropolitan areas within driving distance of Seattle include Tacoma, Kelso, Yakima, Pasco, Spokane and Portland, OR.


Eating

Notable regional restaurant chains include Ivars, Dick’s Drive-in and  Dukes Chowder House.


Unique Facts

  • Alcohol sold in grocery stores are subject to excessive taxes.
  • Seattle is know for a trend where coffee is served by baristas in bikinis.
  • The City of Seattle has a unique $15/hour minimum wage.


Sushi

For Sushi, Blue C has several locations with conveyor belt sushi.  Look for there Legion of Boom roll which is a shout to the Seattle Seahawks Super Bowl team.


Ikea

Ikea has one store in the Seattle region in Renton, southeast of downtown off the 405.


Beer

One notable brewery to visit is the Fremont Brewing Company.  The patio and tasting room sits just north of Lake Union for unmatched view.  This beer nirvana is a short walk from the Gas Works park and the Fremont Troll.


Where to Invest

The following zip codes are good places to start looking for your rental properties:

98026 Edmonds

Buy: $560,000
Rent: $2,400
GRM: 19.49

98033 Kirkland Central

Buy: $960,000
Rent: $3,200
GRM: 24.81

98034 Kingsagate Totem Lake

Buy: $670,000
Rent: $2,800
GRM: 20.30

98036 Lynnwood

Buy: $510,000
Rent: $2,400
GRM: 18.09

98042 Kent

Buy: $430,000
Rent: $2,300
GRM: 15.38

98058 Renton

Buy: $460,000
Rent: $2,400
GRM: 15.65

98059 Renton

Buy: $600,000
Rent: $2,700
GRM: 18.69

98101 Pike Place

Buy: $640,000
Rent: $2,500
GRM: 21.33

98121 Belltown

Buy: $640,000
Rent: $1,600
GRM: 33.44

98126 Seattle

Buy: $630,000
Rent: $2,600
GRM: 20.47

98146 Seattle

Buy: $480,000
Rent: $2,400
GRM: 17.02

98166 Burien

Buy: $580,000
Rent: $2,200
GRM: 22.48

98168 Latona Foster

Buy: $390,000
Rent: $2,000
GRM: 16.25

98178 Bryn Mawr – Skyway

Buy: $450,000
Rent: $2,200
GRM: 17.05

98203 Everett

Buy: $390,000
Rent: $2,200
GRM: 14.96

98208 Everett

Buy: $460,000
Rent: $2,300
GRM: 16.67

98272 Monroe

Buy: $430,000
Rent: $2,200
GRM: 15.93

98296 Snohomish

Buy: $630,000
Rent: $2,800
GRM: 18.92