15704 124th Avenue NEWoodinvilleWA98072
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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 Woodinville at 15704 124th Avenue NE, Woodinville, WA, 98072 listed at $1,395,000 pairs $4,304/mo rent with a $6,828/mo payment. Total monthly income runs $4,304/mo. Return on cash invested measures 9.53% in year one, and rental yield registers 3.7% at a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and annual property appreciation at 5% supports $385,413 by year five. Five-year ROI tracks 46.87% and total cumulative return in cash totals $211,846. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,304/mo property income relative to a $6,828/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
7,074 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98072, Woodinville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,542 (100%) |
| Owner Occupied HU | 6,815 (64.6%) |
| Renter Occupied HU | 3,244 (30.8%) |
| Vacant Housing Units | 483 ( 4.6%) |
| Median Home Value | $1,148,177 |
| Average Home Value | $1,212,391 |
Housing Distribution
Address Breakdown
Residential
10,295
Single Family
7,990
Multi-Family
2,305
Businesses
1,835
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Listed by: Nishant Padhye • PRO RLTYSRVCS Eastside
Mls Name: NWMLS
Mls ID: #2372488