16955 185th 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 16955 185th Avenue NE, Woodinville, WA, 98072 offers a 8.19% rental yield on a $334,000 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,635/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,264/yr on $110,721 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $2,155/yr while 5% annual appreciation supports $92,278 over five years. Portfolio math shows five-year ROI at 118.45% and total cumulative return in cash at $131,154. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,635/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
7,518 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: Shaylene Ernisse • KW Greater Seattle
Mls Name: NWMLS
Mls ID: #2453583