15920 NE 15th Street #12BellevueWA98008
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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 15920 NE 15th Street #12, Bellevue, WA, 98008 listed at $850,000 pairs $3,354/mo rent with a $4,160/mo payment. Total monthly income runs $3,354/mo. Return on cash invested measures 12.53% in year one, and rental yield registers 4.74% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 62.99% and total cumulative return in cash totals $176,158. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,354/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
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: Ryan Valdes • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2416634