280 NW Newport Way #B14IssaquahWA98027
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 Issaquah at 280 NW Newport Way #B14, Issaquah, WA, 98027 listed at $415,000 pairs $2,915/mo rent with a $2,031/mo payment to leave $421/mo cash flow. Total monthly income runs $2,915/mo, and annual cash flow reaches $5,047/yr on $137,573 cash to close. Return on cash invested measures 23.58% in year one, and rental yield registers 8.43% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 122.29% and total cumulative return in cash totals $168,237. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,915/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98027, Issaquah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,549 (100%) |
| Owner Occupied HU | 8,005 (63.8%) |
| Renter Occupied HU | 4,007 (31.9%) |
| Vacant Housing Units | 537 ( 4.3%) |
| Median Home Value | $1,197,776 |
| Average Home Value | $1,282,272 |
Housing Distribution
Address Breakdown
Residential
12,332
Single Family
9,858
Multi-Family
2,474
Businesses
1,683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keenan Porter • The Cascade Team
Mls Name: NWMLS
Mls ID: #2423939