24421 NE Vine Maple WayRedmondWA98053
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
Total monthly income runs $3,420/mo, and a $4,016/mo payment. Purchase price stands at $820,500, and rental yield measures 5% with $3,420/mo rent. Return on cash invested shows 13.34% in year one, and 5% annual appreciation builds toward $226,689 over five years. Five-year ROI reaches 67.34% and total cumulative return in cash records $181,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,420/mo property income covering a $4,016/mo payment rather than investor’s personal income.
Single Family
Built in 2005
4,029 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98053, Redmond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 6,812 (81.4%) |
| Renter Occupied HU | 1,344 (16.1%) |
| Vacant Housing Units | 213 ( 2.5%) |
| Median Home Value | $1,322,124 |
| Average Home Value | $1,377,100 |
Housing Distribution
Address Breakdown
Residential
8,382
Single Family
6,371
Multi-Family
2,011
Businesses
134
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Constanze Cranfield • Marketplace Sotheby's Intl Rty
Mls Name: NWMLS
Mls ID: #2412185