9309 177th Pl NE UNIT 3RedmondWA98052
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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 Redmond at 9309 177th Pl NE UNIT 3, Redmond, WA, 98052 generates $3,606/mo in rent, after a $3,410/mo payment. Total monthly income is $3,606/mo. Return on cash invested sits at 17.01% in year one, and rental yield is 6.21% on a $696,800 entry. Equity gained on principal adds $4,496/yr, while 5% annual appreciation builds toward $192,513 over five years. Five-year ROI reaches 87.04% and total cumulative return in cash sums $199,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,606/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A