1950 18TH Avenue NE #50AIssaquahWA98029
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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 Issaquah at 1950 18TH Avenue NE #50A, Issaquah, WA, 98029 earns $1,168/mo cash flow from $4,102/mo rent with a $2,389/mo payment. Total monthly income totals $4,102/mo, and annual cash flow totals $14,017/yr on $161,772 capital. ROI tracks 28.57% on current figures, and rental yield reads 10.09% at a $488,000 purchase. Equity gained on principal adds $3,149/yr, and 5% annual appreciation supports $134,825 over five years. Five-year ROI reaches 149.1% and total cumulative return in cash sums $241,196. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,102/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98029, Issaquah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,549 (100%) |
| Owner Occupied HU | 7,976 (63.6%) |
| Renter Occupied HU | 4,152 (33.1%) |
| Vacant Housing Units | 421 ( 3.4%) |
| Median Home Value | $1,210,469 |
| Average Home Value | $1,266,674 |
Housing Distribution
Address Breakdown
Residential
12,623
Single Family
9,921
Multi-Family
2,702
Businesses
227
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Listed by: Sandra M Meyer • RE/MAX Elite
Mls Name: NWMLS
Mls ID: #2439657