For 22506 5th Pl W in Bothell, this 2,875 sq ft, 3-bed, 3-bath home sits in a desirable neighborhood with strong schools and access to amenities. Based on recent comps, the property's monthly rent potential ranges from $4,200 to $6,500. Annually, that means $50.4K–$78K in gross rental income. With current valuations around $1.3M–$1.4M, the payback period (ignoring expenses) is in the 17–27 year range. Features like spacious layout, updated systems (built 2006), and curb appeal boost rentability, but as a single-family home, unit count limits scalability. The main challenge: maximizing rent without overpricing for the market.
To increase rental value, consider adding smart home upgrades, refreshing interior finishes, and improving curb appeal. If selling, market the property’s size and flexible layout—great for high-income families or those needing a home office. For investors, explore renting by the room or as a furnished executive rental for even higher yields. Always keep an eye on local demand and consider professional management to maximize occupancy and tenant quality.