16225 1st Place WBothellWA98012
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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
Total monthly income runs $4,226/mo, and a $3,915/mo payment. Purchase price stands at $799,950, and rental yield measures 6.34% with $4,226/mo rent. Return on cash invested shows 17.41% in year one, and 5% annual appreciation builds toward $221,011 over five years. Five-year ROI reaches 89.14% and total cumulative return in cash records $234,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,226/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Condo
Built in 2006
6,146 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98012, Bothell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,137 (100%) |
| Owner Occupied HU | 19,278 (64.0%) |
| Renter Occupied HU | 10,006 (33.2%) |
| Vacant Housing Units | 853 ( 2.8%) |
| Median Home Value | $864,950 |
| Average Home Value | $912,604 |
Housing Distribution
Address Breakdown
Residential
27,982
Single Family
21,878
Multi-Family
6,104
Businesses
673
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Listed by: Matthew Stark • Windermere R.E. Northeast, Inc
Mls Name: NWMLS
Mls ID: #2438113