13264 230th Place NERedmondWA98053
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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 Redmond at 13264 230th Place NE, Redmond, WA, 98053 listed at $840,000 pairs $3,892/mo rent with a $4,111/mo payment. Total monthly income runs $3,892/mo. Return on cash invested measures 15.04% in year one, and rental yield registers 5.56% at a $840,000 basis. Equity gained on principal adds $5,420/yr, and annual property appreciation at 5% supports $232,077 by year five. Five-year ROI tracks 76.43% and total cumulative return in cash totals $211,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,892/mo property income relative to a $4,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2004
4,939 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98053, Redmond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 6,812 (81.4%) |
| Renter Occupied HU | 1,344 (16.1%) |
| Vacant Housing Units | 213 ( 2.5%) |
| Median Home Value | $1,322,124 |
| Average Home Value | $1,377,100 |
Housing Distribution
Address Breakdown
Residential
8,382
Single Family
6,371
Multi-Family
2,011
Businesses
134
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Listed by: Carol Junglov • Home Team Real Estate
Mls Name: NWMLS
Mls ID: #2418901