10604 NE 137th PlaceKirklandWA98034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kirkland at 10604 NE 137th Place, Kirkland, WA, 98034 uses $328,998 cash to close to unlock $28,672/yr annual cash flow and $2,389/mo monthly cash flow. Total monthly income runs $8,400/mo, and a $4,894/mo payment keeps the spread at $2,389/mo. Purchase price stands at $999,995, and rental yield measures 10.08% with $8,400/mo rent. Return on cash invested shows 28.78% in year one, and 5% annual appreciation builds toward $276,280 over five years. Five-year ROI reaches 150.12% and total cumulative return in cash records $493,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,400/mo property income covering a $4,894/mo payment rather than investor’s personal income.
Single Family
Built in 2025
2,069 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98034, Kirkland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,504 (100%) |
| Owner Occupied HU | 13,264 (56.4%) |
| Renter Occupied HU | 9,398 (40.0%) |
| Vacant Housing Units | 842 ( 3.6%) |
| Median Home Value | $961,870 |
| Average Home Value | $1,097,077 |
Housing Distribution
Address Breakdown
Residential
23,138
Single Family
15,686
Multi-Family
7,452
Businesses
964
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Gillis • Gillis Real Estate LLC
Mls Name: NWMLS
Mls ID: #2371385