315 241st Street SWBothellWA98021
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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 $4,974/mo, and a $4,821/mo payment. Purchase price stands at $984,900, and rental yield measures 6.06% with $4,974/mo rent. Return on cash invested shows 16.55% in year one, and 5% annual appreciation builds toward $272,110 over five years. Five-year ROI reaches 84.59% and total cumulative return in cash records $274,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,974/mo property income covering a $4,821/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98021, Bothell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,231 (100%) |
| Owner Occupied HU | 10,331 (78.1%) |
| Renter Occupied HU | 2,527 (19.1%) |
| Vacant Housing Units | 373 ( 2.8%) |
| Median Home Value | $952,419 |
| Average Home Value | $1,031,680 |
Housing Distribution
Address Breakdown
Residential
12,513
Single Family
10,888
Multi-Family
1,625
Businesses
419
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Listed by: Duane Hoff • The Preview Group
Mls Name: NWMLS
Mls ID: #2410533