3915 198th Street SE #E3BothellWA98012
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.49% gross rental yield, 3915 198th Street SE #E3, Bothell, WA, 98012 in Bothell is priced for capital growth, not immediate cash flow. The $1,189,995 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $328,774 by year five, with $10,960/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.83) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $260,311.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.2% |
| Monthly Cash Flow | $(2,972) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,456 |
| Total Monthly Debt Service | $6,954 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
2,230 sqft lot
$N/A/sqft
$274 monthly 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
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
Townhouse
Built in 2025
2,230 sqft lot
$N/A/sqft
$274 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Duong • Teambuilder KW
Mls Name: NWMLS
Mls Provider:
Mls ID: #2392160
Disclaimer: Based on information submitted to the MLS GRID as of 2026-02-04 17:24:17 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)