12023 NE 204th Place #E303BothellWA98011
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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 Bothell at 12023 NE 204th Place #E303, Bothell, WA, 98011 earns $217/mo cash flow from $2,291/mo rent with a $1,689/mo payment. Total monthly income totals $2,291/mo, and annual cash flow totals $2,601/yr on $114,368 capital. ROI tracks 22.18% on current figures, and rental yield reads 7.97% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 114.8% and total cumulative return in cash sums $131,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,291/mo property income instead of your personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98011, Bothell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,413 (100%) |
| Owner Occupied HU | 6,879 (51.3%) |
| Renter Occupied HU | 5,325 (39.7%) |
| Vacant Housing Units | 1,209 ( 9.0%) |
| Median Home Value | $930,315 |
| Average Home Value | $1,018,912 |
Housing Distribution
Address Breakdown
Residential
12,370
Single Family
7,541
Multi-Family
4,829
Businesses
601
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Listed by: Melanie Parsons • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2448158