Mansfield Plan, Penny LaneRedmondWA98052
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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 Mansfield Plan, Penny Lane, Redmond, WA, 98052 offers $4,918/mo rent that, after a $7,464/mo payment. Total monthly income is $4,918/mo. Return on cash invested measures 10.05% in year one, and rental yield stands at 3.87% at a $1,525,000 entry. Equity gained on principal adds $9,841/yr while 5% annual appreciation compounds into $421,329 by year five. Five-year ROI records 49.65% and total cumulative return in cash reaches $245,304. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,918/mo property income versus a $7,464/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
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 • Ichijo USA
Mls Name: Ichijo USA
Mls Provider:
Mls ID: #N/A