22495 SE 37th Terrace #1391IssaquahWA98029
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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 22495 SE 37th Terrace #1391, Issaquah, WA, 98029 listed at $448,000 pairs $3,060/mo rent with a $2,193/mo payment to leave $367/mo cash flow. Total monthly income runs $3,060/mo, and annual cash flow reaches $4,401/yr on $148,512 cash to close. Return on cash invested measures 22.87% in year one, and rental yield registers 8.2% at a $448,000 basis. Equity gained on principal adds $2,891/yr, and annual property appreciation at 5% supports $123,774 by year five. Five-year ROI tracks 118.5% and total cumulative return in cash totals $175,982. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,060/mo property income relative to a $2,193/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
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: Melissa Waller • COMPASS
Mls Name: NWMLS
Mls ID: #2469298