7581 Old Redmond Rd #4RedmondWA98052
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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 7581 Old Redmond Rd #4, Redmond, WA, 98052 earns from $3,010/mo rent with a $2,445/mo payment. Total monthly income totals $3,010/mo. ROI tracks 16.27% on current figures, and rental yield reads 7.23% at a $499,500 purchase. Equity gained on principal adds $3,223/yr, and 5% annual appreciation supports $138,003 over five years. Five-year ROI reaches 84.45% and total cumulative return in cash sums $139,843. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,010/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$509 monthly 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: Kip White • Coldwell Banker Bain
Mls Name: NWMLS
Mls Provider:
Mls ID: #2382059
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)