15300 112th Avenue NE #B203BothellWA98011
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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 Bothell at 15300 112th Avenue NE #B203, Bothell, WA, 98011 uses $114,334 cash to close to unlock $1,342/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $2,185/mo, and a $1,688/mo payment keeps the spread at $112/mo. Purchase price stands at $344,900, and rental yield measures 7.6% with $2,185/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 108.9% and total cumulative return in cash records $124,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,185/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98011, Bothell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,413 (100%) |
| Owner Occupied HU | 6,879 (51.3%) |
| Renter Occupied HU | 5,325 (39.7%) |
| Vacant Housing Units | 1,209 ( 9.0%) |
| Median Home Value | $930,315 |
| Average Home Value | $1,018,912 |
Housing Distribution
Address Breakdown
Residential
12,370
Single Family
7,541
Multi-Family
4,829
Businesses
601
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Listed by: Eileen Loh • RE/MAX Alliance
Mls Name: NWMLS
Mls ID: #2419185