10424 NE 32nd Place #C204BellevueWA98004
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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 Bellevue at 10424 NE 32nd Place #C204, Bellevue, WA, 98004 uses $144,257 cash to close to unlock $1,321/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $2,726/mo, and a $2,130/mo payment keeps the spread at $110/mo. Purchase price stands at $435,165, and rental yield measures 7.52% with $2,726/mo rent. Return on cash invested shows 20.82% in year one, and 5% annual appreciation builds toward $120,228 over five years. Five-year ROI reaches 107.54% and total cumulative return in cash records $155,128. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,726/mo property income covering a $2,130/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98004, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,461 (100%) |
| Owner Occupied HU | 7,846 (36.6%) |
| Renter Occupied HU | 11,834 (55.1%) |
| Vacant Housing Units | 1,781 ( 8.3%) |
| Median Home Value | $1,796,462 |
| Average Home Value | $1,664,064 |
Housing Distribution
Address Breakdown
Residential
20,083
Single Family
7,323
Multi-Family
12,760
Businesses
2,280
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Listed by: Niks Panchal • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2437966