Investment Property Details
Mercer Island, King County median: $2,250,000
Down payment: $562,500 | Loan: $1,687,500
Mercer Island, King County median rent: $3,800/mo
Mercer Island, King County Market Snapshot
- Conforming Limit
- $1,149,825
- Median Rent
- $3,800/mo
- Avg Property Tax Rate
- 0.85%
- Est. Annual Tax
- $19,125
Your DSCR Ratio
0.29
Below break-even — rent does not cover PITIA
Monthly Rent
$3,800
Monthly PITIA
$13,171
Required Rent by DSCR Threshold
Required Rent
$13,171/mo
vs Your Rent
-$9,371
Required Rent
$16,463/mo
vs Your Rent
-$12,663
Mercer Island, King County Median Rent Comparison
The median rent in Mercer Island, King County, Washington is $3,800/mo.
Your Rent vs Median
+$0
DSCR at Median Rent
0.29
Calculations are estimates for educational purposes only. Actual DSCR requirements vary by lender, property type, and loan program. Most DSCR lenders require a minimum ratio of 1.0–1.25. Contact Mo Abdel at (949) 822-9662 for a personalized investment property analysis. NMLS #1426884 | Lumin Lending NMLS #2716106.
Frequently Asked Questions
What DSCR ratio do I need for an investment property in Mercer Island, Washington?
Most DSCR lenders require a minimum ratio of 1.0 to 1.25. In Mercer Island, the median rent is $3,800/mo and the median home value is $2,250,000. Use the calculator above to determine if your target property meets lender DSCR requirements.
What is the median rent in Mercer Island for 2026?
The 2026 median rent in Mercer Island, King County is $3,800 per month. This is used by appraisers and DSCR lenders when underwriting investment property loans. Actual rents vary by property type, bedrooms, condition, and exact location.
What property tax rate applies to investment properties in Mercer Island?
The average effective property tax rate in Mercer Island is 0.85%. On an investment property valued at $2,250,000, that's approximately $19,125 per year. Property taxes are a key component of the PITIA payment used in DSCR calculations.
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