345 101st Ave SEBellevueWA98004
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $4,589/mo, and a $8,247/mo payment. Purchase price stands at $1,685,000, and rental yield measures 3.27% with $4,589/mo rent. Return on cash invested shows 8.19% in year one, and 5% annual appreciation builds toward $465,534 over five years. Five-year ROI reaches 39.68% and total cumulative return in cash records $216,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,589/mo property income covering a $8,247/mo payment rather than investor’s personal income.
Condo
Built in 1973
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan S. Bethke • Windermere Real Estate Co.
Mls Name: NWMLS
Mls ID: #2408969