23120 SE Black Nugget Road #A2IssaquahWA98029
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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 23120 SE Black Nugget Road #A2, Issaquah, WA, 98029 offers a 7.41% rental yield on a $660,000 purchase with $4,074/mo rent. Total monthly income registers $4,074/mo, and a $3,230/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,284/yr on $217,140 to close, and return on cash invested stands at 20.65% in year one. Equity gained on principal adds $4,259/yr while 5% annual appreciation supports $182,346 over five years. Portfolio math shows five-year ROI at 106.55% and total cumulative return in cash at $231,357. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,074/mo property income against a $3,230/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
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: Dylan Foggitt • Brink Realty Group
Mls Name: NWMLS
Mls ID: #2376136