14620 NE 31st Street #E-305BellevueWA98007
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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 14620 NE 31st Street #E-305, Bellevue, WA, 98007 listed at $275,000 pairs $2,347/mo rent with a $1,346/mo payment to leave $694/mo cash flow. Total monthly income runs $2,347/mo, and annual cash flow reaches $8,327/yr on $91,163 cash to close. Return on cash invested measures 29.04% in year one, and rental yield registers 10.24% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 151.57% and total cumulative return in cash totals $138,179. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,347/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
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: Lawton Coursey • The Joseph Group
Mls Name: NWMLS
Mls ID: #2450775