3606 198th Street 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
Rental property for sale in Bothell at 3606 198th Street SE, Bothell, WA, 98012 generates $5,420/mo in rent, after a $7,631/mo payment. Total monthly income is $5,420/mo. Return on cash invested sits at 10.98% in year one, and rental yield is 4.17% on a $1,559,000 entry. Equity gained on principal adds $10,060/yr, while 5% annual appreciation builds toward $430,723 over five years. Five-year ROI reaches 54.64% and total cumulative return in cash sums $275,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,420/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
3,920 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: Hemalatha Venu • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2424004