12429 NE 130th Court #G201KirklandWA98034
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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 12429 NE 130th Court #G201, Kirkland, WA, 98034 uses $132,600 cash to close to unlock $3,448/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $2,692/mo, and a $1,958/mo payment keeps the spread at $287/mo. Purchase price stands at $399,999, and rental yield measures 8.08% with $2,692/mo rent. Return on cash invested shows 22.51% in year one, and 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash records $154,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,692/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Condo
Built in 1979
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: Sandra Noll • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2369355