2230 137th Place SEBellevueWA98005
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 Bellevue at 2230 137th Place SE, Bellevue, WA, 98005 earns from $5,345/mo rent with a $7,293/mo payment. Total monthly income totals $5,345/mo. ROI tracks 11.39% on current figures, and rental yield reads 4.3% at a $1,490,000 purchase. Equity gained on principal adds $9,615/yr, and 5% annual appreciation supports $411,660 over five years. Five-year ROI reaches 56.84% and total cumulative return in cash sums $274,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,345/mo property income instead of your personal income.
Single Family
Built in 1968
9,295 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98005, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,888 (100%) |
| Owner Occupied HU | 4,488 (45.4%) |
| Renter Occupied HU | 4,551 (46.0%) |
| Vacant Housing Units | 849 ( 8.6%) |
| Median Home Value | $1,617,488 |
| Average Home Value | $1,602,594 |
Housing Distribution
Address Breakdown
Residential
9,033
Single Family
5,144
Multi-Family
3,889
Businesses
1,504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elsie Ling • Western Homes Realty
Mls Name: NWMLS
Mls ID: #2406806