6540 159th Avenue NERedmondWA98052
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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 Redmond at 6540 159th Avenue NE, Redmond, WA, 98052 earns from $4,624/mo rent with a $6,554/mo payment. Total monthly income totals $4,624/mo. ROI tracks 10.9% on current figures, and rental yield reads 4.14% at a $1,339,000 purchase. Equity gained on principal adds $8,640/yr, and 5% annual appreciation supports $369,941 over five years. Five-year ROI reaches 54.17% and total cumulative return in cash sums $235,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,624/mo property income instead of your personal income.
Single Family
Built in 1977
6,268 sqft 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
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Listed by: Neelam Singh • eXp Realty
Mls Name: NWMLS
Mls ID: #2439894