15237 NE 3rd StreetBellevueWA98007
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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
Total monthly income runs $3,805/mo, and a $6,828/mo payment. Purchase price stands at $1,395,000, and rental yield measures 3.27% with $3,805/mo rent. Return on cash invested shows 8.21% in year one, and 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 39.76% and total cumulative return in cash records $179,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,805/mo property income covering a $6,828/mo payment rather than investor’s personal income.
Single Family
Built in 1961
8,001 sqft 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: Anthony Pagones • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2447655