120 Newport Way NW #16IssaquahWA98027
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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 Issaquah at 120 Newport Way NW #16, Issaquah, WA, 98027 offers a 4.18% rental yield on a $957,500 purchase with $3,337/mo rent. 85% in year one. Equity gained on principal adds $6,179/yr while 5% annual appreciation supports $264,540 over five years. Portfolio math shows five-year ROI at 53.98% and total cumulative return in cash at $170,056. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,337/mo property income against a $4,686/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98027, Issaquah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,549 (100%) |
| Owner Occupied HU | 8,005 (63.8%) |
| Renter Occupied HU | 4,007 (31.9%) |
| Vacant Housing Units | 537 ( 4.3%) |
| Median Home Value | $1,197,776 |
| Average Home Value | $1,282,272 |
Housing Distribution
Address Breakdown
Residential
12,332
Single Family
9,858
Multi-Family
2,474
Businesses
1,683
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Listed by: Leslie A. Newman • RE/MAX All City
Mls Name: NWMLS
Mls ID: #2457205