511 100th Avenue NE #305BellevueWA98004
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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 511 100th Avenue NE #305, Bellevue, WA, 98004 listed at $494,950 pairs $2,579/mo rent with a $2,423/mo payment. Total monthly income runs $2,579/mo. Return on cash invested measures 17.01% in year one, and rental yield registers 6.25% at a $494,950 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,746 by year five. Five-year ROI tracks 87.06% and total cumulative return in cash totals $142,842. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,579/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1959
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98004, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,461 (100%) |
| Owner Occupied HU | 7,846 (36.6%) |
| Renter Occupied HU | 11,834 (55.1%) |
| Vacant Housing Units | 1,781 ( 8.3%) |
| Median Home Value | $1,796,462 |
| Average Home Value | $1,664,064 |
Housing Distribution
Address Breakdown
Residential
20,083
Single Family
7,323
Multi-Family
12,760
Businesses
2,280
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Listed by: Camran Nazer • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2425606