11008 NE 68th Street #716KirklandWA98033
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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 Kirkland at 11008 NE 68th Street #716, Kirkland, WA, 98033 earns $267/mo cash flow from $2,659/mo rent with a $1,948/mo payment. Total monthly income totals $2,659/mo, and annual cash flow totals $3,199/yr on $131,937 capital. ROI tracks 22.33% on current figures, and rental yield reads 8.02% at a $398,000 purchase. Equity gained on principal adds $2,568/yr, and 5% annual appreciation supports $109,960 over five years. Five-year ROI reaches 115.61% and total cumulative return in cash sums $152,532. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,659/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98033, Kirkland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,409 (100%) |
| Owner Occupied HU | 11,083 (57.1%) |
| Renter Occupied HU | 7,199 (37.1%) |
| Vacant Housing Units | 1,127 ( 5.8%) |
| Median Home Value | $1,558,706 |
| Average Home Value | $1,558,011 |
Housing Distribution
Address Breakdown
Residential
18,719
Single Family
12,960
Multi-Family
5,759
Businesses
1,247
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Listed by: Diana M. MacDonald • Berkshire Hathaway HS NW
Mls Name: NWMLS
Mls ID: #2469090