28511 SE Preston WayIssaquahWA98027
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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
Rental property for sale in Issaquah at 28511 SE Preston Way, Issaquah, WA, 98027 generates $4,018/mo in rent and, after a $3,108/mo payment, leaves $201/mo in cash flow. Total monthly income is $4,018/mo, and annual cash flow is $2,411/yr on $208,912 invested. Return on cash invested sits at 21.21% in year one, and rental yield is 7.59% on a $634,990 entry. Equity gained on principal adds $4,097/yr, while 5% annual appreciation builds toward $175,436 over five years. Five-year ROI reaches 109.57% and total cumulative return in cash sums $228,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,018/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.43 Acres 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
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Listed by: Clark Scovel • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2412548