572 241st Lane SESammamishWA98074
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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 Sammamish at 572 241st Lane SE, Sammamish, WA, 98074 earns $431/mo cash flow from $4,278/mo rent with a $3,132/mo payment. Total monthly income totals $4,278/mo, and annual cash flow totals $5,176/yr on $210,560 capital. ROI tracks 22.52% on current figures, and rental yield reads 8.02% at a $640,000 purchase. Equity gained on principal adds $4,130/yr, and 5% annual appreciation supports $176,820 over five years. Five-year ROI reaches 116.58% and total cumulative return in cash sums $245,466. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,278/mo property income instead of your personal income.
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
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Listed by: Chrissy Perry • Windermere Real Estate/Summit
Mls Name: NWMLS
Mls ID: #2428375