15629 NE 106th WayRedmondWA98052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Redmond at 15629 NE 106th Way, Redmond, WA, 98052 listed at $1,698,000 pairs $6,654/mo rent with a $8,311/mo payment. Total monthly income runs $6,654/mo. Return on cash invested measures 12.62% in year one, and rental yield registers 4.7% at a $1,698,000 basis. Equity gained on principal adds $10,957/yr, and annual property appreciation at 5% supports $469,126 by year five. Five-year ROI tracks 63.41% and total cumulative return in cash totals $348,867. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,654/mo property income relative to a $8,311/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
6,743 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98052, Redmond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,349 (100%) |
| Owner Occupied HU | 14,586 (39.1%) |
| Renter Occupied HU | 20,185 (54.0%) |
| Vacant Housing Units | 2,578 ( 6.9%) |
| Median Home Value | $1,234,442 |
| Average Home Value | $1,284,554 |
Housing Distribution
Address Breakdown
Residential
34,398
Single Family
22,382
Multi-Family
12,016
Businesses
1,801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yuanyuan Shen • WeLakeside
Mls Name: NWMLS
Mls ID: #2421775