14006 SE 6th Street # 18BellevueWA98007
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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 14006 SE 6th Street # 18, Bellevue, WA, 98007 generates $2,347/mo in rent and, after a $1,640/mo payment, leaves $333/mo in cash flow. Total monthly income is $2,347/mo, and annual cash flow is $3,995/yr on $111,053 invested. Return on cash invested sits at 23.51% in year one, and rental yield is 8.41% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 121.89% and total cumulative return in cash sums $135,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,347/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98007, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,702 (100%) |
| Owner Occupied HU | 4,297 (33.8%) |
| Renter Occupied HU | 7,716 (60.7%) |
| Vacant Housing Units | 689 ( 5.4%) |
| Median Home Value | $1,092,782 |
| Average Home Value | $1,146,367 |
Housing Distribution
Address Breakdown
Residential
12,369
Single Family
5,390
Multi-Family
6,979
Businesses
857
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Listed by: Peter Garrison • Keller Williams Rlty Bellevue
Mls Name: NWMLS
Mls ID: #2421016