23424 NE 28th 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
Rental property for sale in Sammamish at 23424 NE 28th Place, Sammamish, WA, 98074 generates $4,492/mo in rent, after a $6,608/mo payment. Total monthly income is $4,492/mo. Return on cash invested sits at 10.43% in year one, and rental yield is 3.99% on a $1,349,995 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation builds toward $372,979 over five years. Five-year ROI reaches 51.67% and total cumulative return in cash sums $226,000. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,492/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
9,156 sqft 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: Anuraga Gowtham • Kelly Right RE of Seattle LLC
Mls Name: NWMLS
Mls ID: #2446956