321 Bellevue Way SE #403BellevueWA98004
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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 321 Bellevue Way SE #403, Bellevue, WA, 98004 listed at $479,950 pairs $3,432/mo rent with a $2,349/mo payment to leave $547/mo cash flow. Total monthly income runs $3,432/mo, and annual cash flow reaches $6,565/yr on $159,103 cash to close. Return on cash invested measures 24.04% in year one, and rental yield registers 8.58% at a $479,950 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,601 by year five. Five-year ROI tracks 124.75% and total cumulative return in cash totals $198,481. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,432/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98004, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,461 (100%) |
| Owner Occupied HU | 7,846 (36.6%) |
| Renter Occupied HU | 11,834 (55.1%) |
| Vacant Housing Units | 1,781 ( 8.3%) |
| Median Home Value | $1,796,462 |
| Average Home Value | $1,664,064 |
Housing Distribution
Address Breakdown
Residential
20,083
Single Family
7,323
Multi-Family
12,760
Businesses
2,280
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Listed by: Ai Kong • Best Choice Network LLC
Mls Name: NWMLS
Mls ID: #2457564