12540 SE 32nd Street #35BellevueWA98005
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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 Bellevue at 12540 SE 32nd Street #35, Bellevue, WA, 98005 uses $163,761 cash to close to unlock $2,164/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $3,150/mo, and a $2,418/mo payment keeps the spread at $180/mo. Purchase price stands at $494,000, and rental yield measures 7.65% with $3,150/mo rent. Return on cash invested shows 21.23% in year one, and 5% annual appreciation builds toward $136,483 over five years. Five-year ROI reaches 109.7% and total cumulative return in cash records $179,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,150/mo property income covering a $2,418/mo payment rather than investor’s personal income.
Condo
Built in 1978
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98005, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,888 (100%) |
| Owner Occupied HU | 4,488 (45.4%) |
| Renter Occupied HU | 4,551 (46.0%) |
| Vacant Housing Units | 849 ( 8.6%) |
| Median Home Value | $1,617,488 |
| Average Home Value | $1,602,594 |
Housing Distribution
Address Breakdown
Residential
9,033
Single Family
5,144
Multi-Family
3,889
Businesses
1,504
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Listed by: Sheng-Hung Lai • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2466805