14600 NE 32ND Street #I-16BellevueWA98007
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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 Bellevue at 14600 NE 32ND Street #I-16, Bellevue, WA, 98007 offers a 9.43% rental yield on a $399,950 purchase with $3,143/mo rent. Total monthly income registers $3,143/mo, and a $1,958/mo payment leaves $738/mo available for distribution. Annual cash flow reaches $8,861/yr on $132,583 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,499 over five years. Portfolio math shows five-year ROI at 138.47% and total cumulative return in cash at $183,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,143/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
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: Caelyn Gillaspie • Kelly Right RE of Seattle LLC
Mls Name: NWMLS
Mls ID: #2464375