717 SE 12th Place #27North 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
Rental property for sale in North Bend at 717 SE 12th Place #27, North Bend, WA, 98045 generates $6,337/mo in rent, after a $7,342/mo payment. Total monthly income is $6,337/mo. Return on cash invested sits at 13.54% in year one, and rental yield is 5.07% on a $1,499,995 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,421 over five years. Five-year ROI reaches 68.44% and total cumulative return in cash sums $332,602. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,337/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,565 sqft lot
$N/A/sqft
$1,020 annually 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 Provider:
Mls ID: #2440226
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-24 03:24:12 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)