538 241st Lane SESammamishWA98074
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 538 241st Lane SE, Sammamish, WA, 98074 in Sammamish aligned with their strategy. Rental yield 6.28%. DSCR 1.16 and 6.28% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $6,074/yr in paydown build toward a projected cumulative return of $216,719.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.2% |
| Monthly Cash Flow | $(1,194) | $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 | $3,454 |
| Total Monthly Debt Service | $3,702 |
| DSCR Ratio | 0.93x |
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.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98074, Sammamish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,313 (100%) |
| Owner Occupied HU | 8,539 (82.8%) |
| Renter Occupied HU | 1,505 (14.6%) |
| Vacant Housing Units | 269 ( 2.6%) |
| Median Home Value | $1,316,335 |
| Average Home Value | $1,394,822 |
Housing Distribution
Address Breakdown
Residential
10,378
Single Family
9,468
Multi-Family
910
Businesses
128
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
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98074, Sammamish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,313 (100%) |
| Owner Occupied HU | 8,539 (82.8%) |
| Renter Occupied HU | 1,505 (14.6%) |
| Vacant Housing Units | 269 ( 2.6%) |
| Median Home Value | $1,316,335 |
| Average Home Value | $1,394,822 |
Housing Distribution
Address Breakdown
Residential
10,378
Single Family
9,468
Multi-Family
910
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2491911