10648 SE 254th Place #i3KentWA98030
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis is a cash-flow-light asset: 10648 SE 254th Place #i3, Kent, WA, 98030 in Kent, $299,800, 10% gross yield, $49/mo net income. Consider it a market-entry position, the $2,497/mo rent covers the $1,348/mo payment with a margin, and 5%/yr appreciation is projected to add $82,829 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.85) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $119,374.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.8% |
| Monthly Cash Flow | $49 | $1,850 |
City averages based on Kent market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,497 |
| Total Monthly Debt Service | $2,329 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
$623 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
N/A lot
$N/A/sqft
$623 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ievgen Dimov • KW Lake Washington So
Mls Name: NWMLS
Mls Provider:
Mls ID: #2415645
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)