12631 NE 9th Place #C205BellevueWA98005
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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 12631 NE 9th Place #C205, Bellevue, WA, 98005 earns $348/mo cash flow from $2,572/mo rent with a $1,811/mo payment. Total monthly income totals $2,572/mo, and annual cash flow totals $4,174/yr on $122,655 capital. ROI tracks 23.31% on current figures, and rental yield reads 8.34% at a $370,000 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 120.85% and total cumulative return in cash sums $148,229. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,572/mo property income instead of your personal income.
Condo
Built in 1969
N/A 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: Jennifer Reyer • Windermere Real Estate/M2, LLC
Mls Name: NWMLS
Mls ID: #2453794