4465 249th Terrace SE #2IssaquahWA98029
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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 Issaquah at 4465 249th Terrace SE #2, Issaquah, WA, 98029 generates $4,074/mo in rent and, after a $2,986/mo payment, leaves $407/mo in cash flow. Total monthly income is $4,074/mo, and annual cash flow is $4,882/yr on $200,690 invested. Return on cash invested sits at 22.49% in year one, and rental yield is 8.01% on a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 116.43% and total cumulative return in cash sums $233,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,074/mo property income rather than buyer’s personal income.
Townhouse
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98029, Issaquah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,549 (100%) |
| Owner Occupied HU | 7,976 (63.6%) |
| Renter Occupied HU | 4,152 (33.1%) |
| Vacant Housing Units | 421 ( 3.4%) |
| Median Home Value | $1,210,469 |
| Average Home Value | $1,266,674 |
Housing Distribution
Address Breakdown
Residential
12,623
Single Family
9,921
Multi-Family
2,702
Businesses
227
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Listed by: Jamal Siddiqui • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2447579