5425 SE 96th AvenueMercer islandWA98040
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Mercer island at 5425 SE 96th Avenue, Mercer island, WA, 98040 projects strong ROI of 6.34%. Rental yield 2.61%. With 5% annual appreciation, the property builds $1,129,439 in value over five years. Equity growth combined delivers a projected five-year ROI of 46.5%, translating into $537,048 in total cumulative return on $1,154,860 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.2% |
| Monthly Cash Flow | $(15,694) | $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 | $8,880 |
| Total Monthly Debt Service | $22,947 |
| DSCR Ratio | 0.39x |
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.
Single Family
Built in 1965
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98040, Mercer Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,336 (100%) |
| Owner Occupied HU | 6,740 (65.2%) |
| Renter Occupied HU | 3,067 (29.7%) |
| Vacant Housing Units | 529 ( 5.1%) |
| Median Home Value | $1,836,089 |
| Average Home Value | $1,747,263 |
Housing Distribution
Address Breakdown
Residential
10,286
Single Family
7,433
Multi-Family
2,853
Businesses
935
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
Single Family
Built in 1965
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98040, Mercer Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,336 (100%) |
| Owner Occupied HU | 6,740 (65.2%) |
| Renter Occupied HU | 3,067 (29.7%) |
| Vacant Housing Units | 529 ( 5.1%) |
| Median Home Value | $1,836,089 |
| Average Home Value | $1,747,263 |
Housing Distribution
Address Breakdown
Residential
10,286
Single Family
7,433
Multi-Family
2,853
Businesses
935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Helena Chen • eXp Realty
Mls Name: NWMLS
Mls ID: #2478216