15001 123rd Ave NEKirklandWA98034
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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 Kirkland at 15001 123rd Ave NE, Kirkland, WA, 98034 earns from $3,196/mo rent with a $2,619/mo payment. Total monthly income totals $3,196/mo. ROI tracks 19.92% on current figures, and rental yield reads 7.17% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 102.64% and total cumulative return in cash sums $180,664. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,196/mo property income instead of your personal income.
Townhouse
Built in 1972
949.61 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98034, Kirkland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,504 (100%) |
| Owner Occupied HU | 13,264 (56.4%) |
| Renter Occupied HU | 9,398 (40.0%) |
| Vacant Housing Units | 842 ( 3.6%) |
| Median Home Value | $961,870 |
| Average Home Value | $1,097,077 |
Housing Distribution
Address Breakdown
Residential
23,138
Single Family
15,686
Multi-Family
7,452
Businesses
964
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Listed by: Jonathan Billing • Windermere Real Estate/HLC
Mls Name: NWMLS
Mls ID: #2465082