999 110th Avenue NE #401BellevueWA98004
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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 Bellevue at 999 110th Avenue NE #401, Bellevue, WA, 98004 generates $4,282/mo in rent and, after a $3,421/mo payment, leaves $80/mo in cash flow. Total monthly income is $4,282/mo, and annual cash flow is $965/yr on $229,971 invested. Return on cash invested sits at 20.48% in year one, and rental yield is 7.35% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash sums $242,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,282/mo property income rather than buyer’s 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: Kara Mumma • Realogics Sotheby's Int'l Rlty
Mls Name: NWMLS
Mls ID: #2452680