12712 NE 120th Street #G1KirklandWA98034
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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
Rental property for sale in Kirkland at 12712 NE 120th Street #G1, Kirkland, WA, 98034 generates $2,882/mo in rent and, after a $2,251/mo payment, leaves $117/mo in cash flow. Total monthly income is $2,882/mo, and annual cash flow is $1,408/yr on $152,490 invested. Return on cash invested sits at 20.83% in year one, and rental yield is 7.52% on a $459,999 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,089 over five years. Five-year ROI reaches 107.57% and total cumulative return in cash sums $164,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,882/mo property income rather than buyer’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: Eric Shulda • John L. Scott Woodinville
Mls Name: NWMLS
Mls ID: #2460813