6 Lindley RoadMercer IslandWA98040
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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 Mercer Island at 6 Lindley Road, Mercer Island, WA, 98040 at $1,488,500 posts ROI 9.77% with from $4,687/mo rent. Total monthly income equals $4,687/mo. Return on cash invested measures 9.77% and rental yield reads 3.78% at the current $1,488,500. Equity gained on principal adds $9,605/yr, and 5% annual appreciation supports $411,245 by year five. Five-year ROI prints 48.13% and total cumulative return in cash totals $232,117. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,687/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
0.54 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
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Listed by: Robin Root James • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2427682