9135 161st Place 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 9135 161st Place NE, Redmond, WA, 98052 listed at $989,000 pairs $4,302/mo rent with a $4,841/mo payment. Total monthly income runs $4,302/mo. Return on cash invested measures 14% in year one, and rental yield registers 5.22% at a $989,000 basis. Equity gained on principal adds $6,382/yr, and annual property appreciation at 5% supports $273,242 by year five. Five-year ROI tracks 70.88% and total cumulative return in cash totals $230,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,302/mo property income relative to a $4,841/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1997
N/A 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: Julia A. Buckley • Redfin
Mls Name: NWMLS
Mls ID: #2421441