889 Avenue Square NE #504BellevueWA98004
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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 Bellevue at 889 Avenue Square NE #504, Bellevue, WA, 98004 earns from $4,392/mo rent with a $7,195/mo payment. Total monthly income totals $4,392/mo. ROI tracks 9.17% on current figures, and rental yield reads 3.59% at a $1,470,000 purchase. Equity gained on principal adds $9,486/yr, and 5% annual appreciation supports $406,134 over five years. Five-year ROI reaches 44.93% and total cumulative return in cash sums $213,984. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,392/mo property income instead of your personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98004, Bellevue, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,461 (100%) |
| Owner Occupied HU | 7,846 (36.6%) |
| Renter Occupied HU | 11,834 (55.1%) |
| Vacant Housing Units | 1,781 ( 8.3%) |
| Median Home Value | $1,796,462 |
| Average Home Value | $1,664,064 |
Housing Distribution
Address Breakdown
Residential
20,083
Single Family
7,323
Multi-Family
12,760
Businesses
2,280
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Listed by: Melissa Camp • Rennie Group
Mls Name: NWMLS
Mls ID: #2445775