17605 NE 15th PlaceBellevueWA98008
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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 Bellevue at 17605 NE 15th Place, Bellevue, WA, 98008 generates $4,834/mo in rent, after a $7,954/mo payment. Total monthly income is $4,834/mo. Return on cash invested sits at 9.12% in year one, and rental yield is 3.57% on a $1,625,000 entry. Equity gained on principal adds $10,486/yr, while 5% annual appreciation builds toward $448,958 over five years. Five-year ROI reaches 44.67% and total cumulative return in cash sums $235,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,834/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
8,668 sqft 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: Rayme Teders • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2427182