23825 15th Avenue SE #183BothellWA98021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bothell at 23825 15th Avenue SE #183, Bothell, WA, 98021 uses $115,992 cash to close to unlock $12,699/yr annual cash flow and $1,058/mo monthly cash flow. Total monthly income runs $3,162/mo, and a $1,713/mo payment keeps the spread at $1,058/mo. Purchase price stands at $349,900, and rental yield measures 10.84% with $3,162/mo rent. Return on cash invested shows 30.86% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 161.34% and total cumulative return in cash records $187,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,162/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adrian Vela • Coldwell Banker Tomlinson R&H
Mls Name: NWMLS
Mls ID: #2433780