22615 1St Drive SEBothellWA98021
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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 Bothell at 22615 1St Drive SE, Bothell, WA, 98021 generates $3,709/mo in rent, after a $4,870/mo payment. Total monthly income is $3,709/mo. Return on cash invested sits at 11.73% in year one, and rental yield is 4.47% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 58.71% and total cumulative return in cash sums $192,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,709/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98021, Bothell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,231 (100%) |
| Owner Occupied HU | 10,331 (78.1%) |
| Renter Occupied HU | 2,527 (19.1%) |
| Vacant Housing Units | 373 ( 2.8%) |
| Median Home Value | $952,419 |
| Average Home Value | $1,031,680 |
Housing Distribution
Address Breakdown
Residential
12,513
Single Family
10,888
Multi-Family
1,625
Businesses
419
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Listed by: Joel Dugan • Dugan Holdings Washington LLC
Mls Name: NWMLS
Mls ID: #2427689