14838 Site 2 NE 2nd CourtBellevueWA98007
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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 14838 Site 2 NE 2nd Court, Bellevue, WA, 98007 generates $7,078/mo in rent, after a $9,530/mo payment. Total monthly income is $7,078/mo. Return on cash invested sits at 10.9% in year one, and rental yield is 4.36% on a $1,946,995 entry. Equity gained on principal adds $12,564/yr, while 5% annual appreciation builds toward $537,919 over five years. Five-year ROI reaches 54.45% and total cumulative return in cash sums $343,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,078/mo property income rather than buyer’s personal income.
Condo
Built in 2025
2,861 sqft lot
$N/A/sqft
$350 monthly 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: Kristi Brewer • Toll Brothers Real Estate, Inc
Mls Name: NWMLS
Mls Provider:
Mls ID: #2445586
Disclaimer: Based on information submitted to the MLS GRID as of 2026-01-02 03:19:01 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)