15788 NE 14th AlleyBellevueWA98008
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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 Bellevue at 15788 NE 14th Alley, Bellevue, WA, 98008 listed at $889,000 pairs $4,500/mo rent with a $4,351/mo payment. Total monthly income runs $4,500/mo. Return on cash invested measures 16.6% in year one, and rental yield registers 6.07% at a $889,000 basis. Equity gained on principal adds $5,737/yr, and annual property appreciation at 5% supports $245,614 by year five. Five-year ROI tracks 84.83% and total cumulative return in cash totals $248,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,500/mo property income relative to a $4,351/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98008, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,880 (100%) |
| Owner Occupied HU | 6,384 (64.6%) |
| Renter Occupied HU | 3,156 (31.9%) |
| Vacant Housing Units | 340 ( 3.4%) |
| Median Home Value | $1,244,681 |
| Average Home Value | $1,342,949 |
Housing Distribution
Address Breakdown
Residential
9,642
Single Family
8,367
Multi-Family
1,275
Businesses
523
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Listed by: Isaac Rivelle • SPIRE ONE Realty
Mls Name: NWMLS
Mls ID: #2457146