6021 158th Place NERedmondWA98052
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Redmond at 6021 158th Place NE, Redmond, WA, 98052 projects strong ROI of 7.22%. Rental yield 2.85%. With 5% annual appreciation, the property builds $647,604 in value over five years. Equity growth combined delivers a projected five-year ROI of 51.19%, translating into $338,968 in total cumulative return on $662,180 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 | 2.9% | 6.2% |
| Monthly Cash Flow | $(8,516) | $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 | $5,574 |
| Total Monthly Debt Service | $13,158 |
| DSCR Ratio | 0.42x |
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 1986
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98052, Redmond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,349 (100%) |
| Owner Occupied HU | 14,586 (39.1%) |
| Renter Occupied HU | 20,185 (54.0%) |
| Vacant Housing Units | 2,578 ( 6.9%) |
| Median Home Value | $1,234,442 |
| Average Home Value | $1,284,554 |
Housing Distribution
Address Breakdown
Residential
34,398
Single Family
22,382
Multi-Family
12,016
Businesses
1,801
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 1986
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98052, Redmond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,349 (100%) |
| Owner Occupied HU | 14,586 (39.1%) |
| Renter Occupied HU | 20,185 (54.0%) |
| Vacant Housing Units | 2,578 ( 6.9%) |
| Median Home Value | $1,234,442 |
| Average Home Value | $1,284,554 |
Housing Distribution
Address Breakdown
Residential
34,398
Single Family
22,382
Multi-Family
12,016
Businesses
1,801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff I. McDonald • Realogics Sotheby's Int'l Rlty
Mls Name: NWMLS
Mls ID: #2466461