13015 NE 113th StreetKirklandWA98033
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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
Total monthly income runs $3,378/mo, and a $5,281/mo payment. Purchase price stands at $1,079,000, and rental yield measures 3.76% with $3,378/mo rent. Return on cash invested shows 9.7% in year one, and 5% annual appreciation builds toward $298,108 over five years. Five-year ROI reaches 47.78% and total cumulative return in cash records $167,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,378/mo property income covering a $5,281/mo payment rather than investor’s personal income.
Condo
Built in 2025
2,866 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98033, Kirkland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,409 (100%) |
| Owner Occupied HU | 11,083 (57.1%) |
| Renter Occupied HU | 7,199 (37.1%) |
| Vacant Housing Units | 1,127 ( 5.8%) |
| Median Home Value | $1,558,706 |
| Average Home Value | $1,558,011 |
Housing Distribution
Address Breakdown
Residential
18,719
Single Family
12,960
Multi-Family
5,759
Businesses
1,247
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Listed by: Miranda Lind • Sound Point Real Estate LLC
Mls Name: NWMLS
Mls ID: #2433705