16232 122nd Avenue NEBothellWA98011
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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
Rental property for sale in Bothell at 16232 122nd Avenue NE, Bothell, WA, 98011 generates $4,290/mo in rent, after a $4,894/mo payment. Total monthly income is $4,290/mo. Return on cash invested sits at 13.78% in year one, and rental yield is 5.15% on a $999,950 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,268 over five years. Five-year ROI reaches 69.73% and total cumulative return in cash sums $229,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,290/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
8,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98011, Bothell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,413 (100%) |
| Owner Occupied HU | 6,879 (51.3%) |
| Renter Occupied HU | 5,325 (39.7%) |
| Vacant Housing Units | 1,209 ( 9.0%) |
| Median Home Value | $930,315 |
| Average Home Value | $1,018,912 |
Housing Distribution
Address Breakdown
Residential
12,370
Single Family
7,541
Multi-Family
4,829
Businesses
601
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Listed by: Matthew Stark • Windermere R.E. Northeast, Inc
Mls Name: NWMLS
Mls ID: #2455920