1944 SE 12th Street #1001North BendWA98045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Bend at 1944 SE 12th Street #1001, North Bend, WA, 98045 offers a 3.63% rental yield on a $1,049,900 purchase with $3,180/mo rent. 32% in year one. Equity gained on principal adds $6,775/yr while 5% annual appreciation supports $290,068 over five years. Portfolio math shows five-year ROI at 45.74% and total cumulative return in cash at $155,590. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,180/mo property income against a $5,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98045, North Bend, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,852 (100%) |
| Owner Occupied HU | 5,258 (76.7%) |
| Renter Occupied HU | 1,160 (16.9%) |
| Vacant Housing Units | 434 ( 6.3%) |
| Median Home Value | $940,922 |
| Average Home Value | $1,092,831 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,536
Multi-Family
683
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Autumn Moses • Tri Pointe Homes Real Estate
Mls Name: NWMLS
Mls ID: #2456565