13468 (HS 9) NE 112th PlaceRedmondWA98052
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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 13468 (HS 9) NE 112th Place, Redmond, WA, 98052 listed at $1,324,000 pairs $3,337/mo rent with a $6,480/mo payment. Total monthly income runs $3,337/mo. Return on cash invested measures 7.44% in year one, and rental yield registers 3.02% at a $1,324,000 basis. Equity gained on principal adds $8,544/yr, and annual property appreciation at 5% supports $365,797 by year five. Five-year ROI tracks 35.65% and total cumulative return in cash totals $152,942. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,337/mo property income relative to a $6,480/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
1,947 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98052, Redmond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,349 (100%) |
| Owner Occupied HU | 14,586 (39.1%) |
| Renter Occupied HU | 20,185 (54.0%) |
| Vacant Housing Units | 2,578 ( 6.9%) |
| Median Home Value | $1,234,442 |
| Average Home Value | $1,284,554 |
Housing Distribution
Address Breakdown
Residential
34,398
Single Family
22,382
Multi-Family
12,016
Businesses
1,801
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Listed by: Maggie Rossetti • Toll Brothers Real Estate, Inc
Mls Name: NWMLS
Mls ID: #2457180