35101 SE Ridge StreetSnoqualmieWA98065
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
Investment property for sale in Snoqualmie at 35101 SE Ridge Street, Snoqualmie, WA, 98065 offers a 4.87% rental yield on a $1,097,500 purchase with $4,450/mo rent. 12% in year one. Equity gained on principal adds $7,082/yr while 5% annual appreciation supports $303,219 over five years. Portfolio math shows five-year ROI at 66.12% and total cumulative return in cash at $235,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,450/mo property income against a $5,372/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
4,085 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98065, Snoqualmie, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 4,352 (81.8%) |
| Renter Occupied HU | 821 (15.4%) |
| Vacant Housing Units | 150 ( 2.8%) |
| Median Home Value | $930,436 |
| Average Home Value | $1,073,497 |
Housing Distribution
Address Breakdown
Residential
5,228
Single Family
5,228
Multi-Family
0
Businesses
326
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Listed by: Scott Sorenson • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2434536