15108 238th Avenue SEIssaquahWA98027
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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 Issaquah at 15108 238th Avenue SE, Issaquah, WA, 98027 listed at $1,899,995 pairs $6,103/mo rent with a $9,300/mo payment. Total monthly income runs $6,103/mo. Return on cash invested measures 10% in year one, and rental yield registers 3.85% at a $1,899,995 basis. Equity gained on principal adds $12,260/yr, and annual property appreciation at 5% supports $524,934 by year five. Five-year ROI tracks 49.38% and total cumulative return in cash totals $303,998. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,103/mo property income relative to a $9,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98027, Issaquah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,549 (100%) |
| Owner Occupied HU | 8,005 (63.8%) |
| Renter Occupied HU | 4,007 (31.9%) |
| Vacant Housing Units | 537 ( 4.3%) |
| Median Home Value | $1,197,776 |
| Average Home Value | $1,282,272 |
Housing Distribution
Address Breakdown
Residential
12,332
Single Family
9,858
Multi-Family
2,474
Businesses
1,683
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Listed by: Christina Anne Peterson • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2407752