3990 129 Place SE #C106BellevueWA98006
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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 Bellevue at 3990 129 Place SE #C106, Bellevue, WA, 98006 offers a 7.5% rental yield on a $495,000 purchase with $3,095/mo rent. Total monthly income registers $3,095/mo, and a $2,423/mo payment leaves $119/mo available for distribution. Annual cash flow reaches $1,431/yr on $164,093 to close, and return on cash invested stands at 20.78% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 107.29% and total cumulative return in cash at $176,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,095/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98006, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,467 (100%) |
| Owner Occupied HU | 10,797 (74.6%) |
| Renter Occupied HU | 3,285 (22.7%) |
| Vacant Housing Units | 385 ( 2.7%) |
| Median Home Value | $1,396,460 |
| Average Home Value | $1,464,807 |
Housing Distribution
Address Breakdown
Residential
14,695
Single Family
11,935
Multi-Family
2,760
Businesses
441
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Listed by: Shu Yi Situ • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2424949