6241 123rd Ave SEBellevueWA98006
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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
Investment Highlights
Investment property for sale in Bellevue at 6241 123rd Ave SE, Bellevue, WA, 98006 listed at $1,398,400 pairs $5,142/mo rent with a $6,844/mo payment. Total monthly income runs $5,142/mo. Return on cash invested measures 11.73% in year one, and rental yield registers 4.41% at a $1,398,400 basis. Equity gained on principal adds $9,024/yr, and annual property appreciation at 5% supports $386,352 by year five. Five-year ROI tracks 58.63% and total cumulative return in cash totals $265,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,142/mo property income relative to a $6,844/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98006, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,467 (100%) |
| Owner Occupied HU | 10,797 (74.6%) |
| Renter Occupied HU | 3,285 (22.7%) |
| Vacant Housing Units | 385 ( 2.7%) |
| Median Home Value | $1,396,460 |
| Average Home Value | $1,464,807 |
Housing Distribution
Address Breakdown
Residential
14,695
Single Family
11,935
Multi-Family
2,760
Businesses
441
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A