620 Park Ave NE #C2Bainbridge IslandWA98110
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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 Bainbridge Island at 620 Park Ave NE #C2, Bainbridge Island, WA, 98110 offers a 0% rental yield on a $705,800 purchase with $0/mo rent. 87% in year one. Equity gained on principal adds $4,554/yr while 5% annual appreciation supports $195,000 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,455/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98110, Bainbridge Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,365 (100%) |
| Owner Occupied HU | 8,203 (72.2%) |
| Renter Occupied HU | 2,069 (18.2%) |
| Vacant Housing Units | 1,093 ( 9.6%) |
| Median Home Value | $1,125,533 |
| Average Home Value | $1,245,027 |
Housing Distribution
Address Breakdown
Residential
10,826
Single Family
9,449
Multi-Family
1,377
Businesses
1,128
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No similar rental properties found nearby.
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A