23124 NE 8th PlaceSammamishWA98074
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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 Sammamish at 23124 NE 8th Place, Sammamish, WA, 98074 listed at $998,000 pairs $4,013/mo rent with a $4,885/mo payment. Total monthly income runs $4,013/mo. Return on cash invested measures 12.8% in year one, and rental yield registers 4.83% at a $998,000 basis. Equity gained on principal adds $6,440/yr, and annual property appreciation at 5% supports $275,729 by year five. Five-year ROI tracks 64.45% and total cumulative return in cash totals $211,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,013/mo property income relative to a $4,885/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98074, Sammamish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,313 (100%) |
| Owner Occupied HU | 8,539 (82.8%) |
| Renter Occupied HU | 1,505 (14.6%) |
| Vacant Housing Units | 269 ( 2.6%) |
| Median Home Value | $1,316,335 |
| Average Home Value | $1,394,822 |
Housing Distribution
Address Breakdown
Residential
10,378
Single Family
9,468
Multi-Family
910
Businesses
128
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Listed by: Julia A. Buckley • Redfin
Mls Name: NWMLS
Mls ID: #2443752