1524 243rd Place SW #ABothellWA98021
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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 Bothell at 1524 243rd Place SW #A, Bothell, WA, 98021 generates $4,200/mo in rent, after a $5,261/mo payment. Total monthly income is $4,200/mo. Return on cash invested sits at 12.58% in year one, and rental yield is 4.69% on a $1,074,950 entry. Equity gained on principal adds $6,936/yr, while 5% annual appreciation builds toward $296,989 over five years. Five-year ROI reaches 63.2% and total cumulative return in cash sums $220,107. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,200/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98021, Bothell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,231 (100%) |
| Owner Occupied HU | 10,331 (78.1%) |
| Renter Occupied HU | 2,527 (19.1%) |
| Vacant Housing Units | 373 ( 2.8%) |
| Median Home Value | $952,419 |
| Average Home Value | $1,031,680 |
Housing Distribution
Address Breakdown
Residential
12,513
Single Family
10,888
Multi-Family
1,625
Businesses
419
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Listed by: Peter M. Murphy • Keller Williams Realty Bothell
Mls Name: NWMLS
Mls ID: #2464939