6 Lake Bellevue Drive #211BellevueWA98005
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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 6 Lake Bellevue Drive #211, Bellevue, WA, 98005 earns from $4,144/mo rent with a $4,160/mo payment. Total monthly income totals $4,144/mo. ROI tracks 15.92% on current figures, and rental yield reads 5.85% at a $849,900 purchase. Equity gained on principal adds $5,484/yr, and 5% annual appreciation supports $234,812 over five years. Five-year ROI reaches 81.17% and total cumulative return in cash sums $226,958. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,144/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98005, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,888 (100%) |
| Owner Occupied HU | 4,488 (45.4%) |
| Renter Occupied HU | 4,551 (46.0%) |
| Vacant Housing Units | 849 ( 8.6%) |
| Median Home Value | $1,617,488 |
| Average Home Value | $1,602,594 |
Housing Distribution
Address Breakdown
Residential
9,033
Single Family
5,144
Multi-Family
3,889
Businesses
1,504
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Listed by: Sheila Newberry • eXp Realty
Mls Name: NWMLS
Mls ID: #2453466