312 7th Lane S #33KirklandWA98033
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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
Total monthly income runs $8,021/mo, and a $9,486/mo payment. Purchase price stands at $1,938,000, and rental yield measures 4.97% with $8,021/mo rent. Return on cash invested shows 13.43% in year one, and 5% annual appreciation builds toward $535,434 over five years. Five-year ROI reaches 67.78% and total cumulative return in cash records $425,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,021/mo property income covering a $9,486/mo payment rather than investor’s personal income.
Townhouse
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98033, Kirkland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,409 (100%) |
| Owner Occupied HU | 11,083 (57.1%) |
| Renter Occupied HU | 7,199 (37.1%) |
| Vacant Housing Units | 1,127 ( 5.8%) |
| Median Home Value | $1,558,706 |
| Average Home Value | $1,558,011 |
Housing Distribution
Address Breakdown
Residential
18,719
Single Family
12,960
Multi-Family
5,759
Businesses
1,247
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Listed by: Andrew Ball • John L Scott Madrona Group
Mls Name: NWMLS
Mls ID: #2418408