2414 185th Place NERedmondWA98052
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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 Redmond at 2414 185th Place NE, Redmond, WA, 98052 projects strong ROI of 7.95%. Rental yield 3.23%. With 5% annual appreciation, the property builds $745,905 in value over five years. Equity growth combined delivers a projected five-year ROI of 38.42%, translating into $336,032 in total cumulative return on $874,735 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2015
8,829 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98052, Redmond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,349 (100%) |
| Owner Occupied HU | 14,586 (39.1%) |
| Renter Occupied HU | 20,185 (54.0%) |
| Vacant Housing Units | 2,578 ( 6.9%) |
| Median Home Value | $1,234,442 |
| Average Home Value | $1,284,554 |
Housing Distribution
Address Breakdown
Residential
34,398
Single Family
22,382
Multi-Family
12,016
Businesses
1,801
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Listed by: Rachel Schindler • Realogics Sotheby's Int'l Rlty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2447432
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 08:29:16 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)