2322 138th Avenue SEBellevueWA98005
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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 Bellevue at 2322 138th Avenue SE, Bellevue, WA, 98005 earns from $4,556/mo rent with a $8,223/mo payment. Total monthly income totals $4,556/mo. ROI tracks 8.15% on current figures, and rental yield reads 3.25% at a $1,680,000 purchase. Equity gained on principal adds $10,841/yr, and 5% annual appreciation supports $464,153 over five years. Five-year ROI reaches 39.44% and total cumulative return in cash sums $214,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,556/mo property income instead of your personal income.
Single Family
Built in 1974
8,176 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
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Listed by: Wais Wazeri • Skyline Properties, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2377665
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 04:14:42 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)