3222 206th Place SEBothellWA98012
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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 Bothell at 3222 206th Place SE, Bothell, WA, 98012 uses $197,400 cash to close to unlock $3,648/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $3,911/mo, and a $2,937/mo payment keeps the spread at $304/mo. Purchase price stands at $600,000, and rental yield measures 7.82% with $3,911/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 113.29% and total cumulative return in cash records $223,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,911/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98012, Bothell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,137 (100%) |
| Owner Occupied HU | 19,278 (64.0%) |
| Renter Occupied HU | 10,006 (33.2%) |
| Vacant Housing Units | 853 ( 2.8%) |
| Median Home Value | $864,950 |
| Average Home Value | $912,604 |
Housing Distribution
Address Breakdown
Residential
27,982
Single Family
21,878
Multi-Family
6,104
Businesses
673
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Listed by: Vince M Grant • RE/MAX Elite
Mls Name: NWMLS
Mls ID: #2396138