11903 NE 128th Street #216KirklandWA98034
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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 11903 NE 128th Street #216, Kirkland, WA, 98034 offers a 5.6% rental yield on a $624,950 purchase with $2,918/mo rent. 16% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,662 over five years. Portfolio math shows five-year ROI at 77.14% and total cumulative return in cash at $158,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,918/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2021
N/A 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
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Listed by: Mike Mincy • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2464355