2468 168th Place NEBellevueWA98008
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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 2468 168th Place NE, Bellevue, WA, 98008 offers a 3.75% rental yield on a $1,490,000 purchase with $4,654/mo rent. 67% in year one. Equity gained on principal adds $9,615/yr while 5% annual appreciation supports $411,660 over five years. Portfolio math shows five-year ROI at 47.63% and total cumulative return in cash at $229,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,654/mo property income against a $7,293/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
7,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98008, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,880 (100%) |
| Owner Occupied HU | 6,384 (64.6%) |
| Renter Occupied HU | 3,156 (31.9%) |
| Vacant Housing Units | 340 ( 3.4%) |
| Median Home Value | $1,244,681 |
| Average Home Value | $1,342,949 |
Housing Distribution
Address Breakdown
Residential
9,642
Single Family
8,367
Multi-Family
1,275
Businesses
523
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Listed by: Scott Strodel • Windermere RE/Capitol Hill,Inc
Mls Name: NWMLS
Mls ID: #2435732