3605 231st Place SEBothellWA98021
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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 3605 231st Place SE, Bothell, WA, 98021 earns from $4,397/mo rent with a $6,162/mo payment. Total monthly income totals $4,397/mo. ROI tracks 11.04% on current figures, and rental yield reads 4.19% at a $1,259,000 purchase. Equity gained on principal adds $8,124/yr, and 5% annual appreciation supports $347,838 over five years. Five-year ROI reaches 54.96% and total cumulative return in cash sums $224,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,397/mo property income instead of your personal income.
Single Family
Built in 2010
3,484 sqft 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: Allison Fasnacht • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2433828