11060 NE 33rd Place #E3BellevueWA98004
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 11060 NE 33rd Place #E3, Bellevue, WA, 98004 in Bellevue is a conservative rental investment at $413,000. Rental yield 6.6%. A 1.22 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $114,104; $3,804/yr in principal paydown supplements. Total projected return: $115,386.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(667) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,272 |
| Total Monthly Debt Service | $2,774 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
$456 monthly 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
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
Condo
Built in 1987
N/A lot
$N/A/sqft
$456 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Delay • Real Broker LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2489201
Disclaimer: Based on information submitted to the MLS GRID as of 2026-03-11 08:39:15 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)