12630 100th Lane NE #G-131KirklandWA98034
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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 12630 100th Lane NE #G-131, Kirkland, WA, 98034 uses $152,490 cash to close to unlock $1,084/yr annual cash flow and $90/mo monthly cash flow. Total monthly income runs $2,855/mo, and a $2,251/mo payment keeps the spread at $90/mo. Purchase price stands at $460,000, and rental yield measures 7.45% with $2,855/mo rent. Return on cash invested shows 20.62% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 106.43% and total cumulative return in cash records $162,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,855/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Condo
Built in 1987
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: Binbin Lu • Providential Real Estate LLC
Mls Name: NWMLS
Mls ID: #2446201