694 SE 12th Place #46North BendWA98045
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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 North Bend at 694 SE 12th Place #46, North Bend, WA, 98045 listed at $1,404,995 pairs $5,386/mo rent with a $6,877/mo payment. Total monthly income runs $5,386/mo. Return on cash invested measures 12.3% in year one, and rental yield registers 4.6% at a $1,404,995 basis. Equity gained on principal adds $9,066/yr, and annual property appreciation at 5% supports $388,174 by year five. Five-year ROI tracks 61.73% and total cumulative return in cash totals $281,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,386/mo property income relative to a $6,877/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98045, North Bend, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,852 (100%) |
| Owner Occupied HU | 5,258 (76.7%) |
| Renter Occupied HU | 1,160 (16.9%) |
| Vacant Housing Units | 434 ( 6.3%) |
| Median Home Value | $940,922 |
| Average Home Value | $1,092,831 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,536
Multi-Family
683
Businesses
549
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Listed by: Laura Snider • D.R. Horton
Mls Name: NWMLS
Mls ID: #2401862