116 F 2nd Street SKirklandWA98033
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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 116 F 2nd Street S, Kirkland, WA, 98033 offers a 3.08% rental yield on a $1,310,000 purchase with $3,360/mo rent. 61% in year one. Equity gained on principal adds $8,453/yr while 5% annual appreciation supports $361,929 over five years. Portfolio math shows five-year ROI at 36.53% and total cumulative return in cash at $155,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $6,412/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
483.52 sqft 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: Tamara J. Dean • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2475380