11087 SE 62nd PlaceBellevueWA98006
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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 11087 SE 62nd Place, Bellevue, WA, 98006 projects strong ROI of 10.5%. Rental yield 4.01%. With 5% annual appreciation, the property builds $651,997 in value over five years. Equity growth combined delivers a projected five-year ROI of 52.02%, translating into $397,785 in total cumulative return on $764,608 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2015
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98006, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,467 (100%) |
| Owner Occupied HU | 10,797 (74.6%) |
| Renter Occupied HU | 3,285 (22.7%) |
| Vacant Housing Units | 385 ( 2.7%) |
| Median Home Value | $1,396,460 |
| Average Home Value | $1,464,807 |
Housing Distribution
Address Breakdown
Residential
14,695
Single Family
11,935
Multi-Family
2,760
Businesses
441
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Listed by: Scott R. Hotes • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2469762