13817 SE 3rd PlaceBellevueWA98005
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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 Bellevue at 13817 SE 3rd Place, Bellevue, WA, 98005 generates $4,426/mo in rent, after a $8,320/mo payment. Total monthly income is $4,426/mo. Return on cash invested sits at 7.75% in year one, and rental yield is 3.12% on a $1,699,950 entry. Equity gained on principal adds $10,970/yr, while 5% annual appreciation builds toward $469,665 over five years. Five-year ROI reaches 37.3% and total cumulative return in cash sums $205,443. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,426/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.46 Acres 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: Richard L Chan • TEC Real Estate Inc.
Mls Name: NWMLS
Mls ID: #2410849