11602 SE 193rd PlaceKentWA98031
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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 Kent at 11602 SE 193rd Place, Kent, WA, 98031 generates $3,900/mo in rent, after a $3,377/mo payment. Total monthly income is $3,900/mo. Return on cash invested sits at 18.75% in year one, and rental yield is 6.78% on a $689,900 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 96.37% and total cumulative return in cash sums $218,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,900/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
5,924 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98031, Kent, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,151 (100%) |
| Owner Occupied HU | 9,308 (61.4%) |
| Renter Occupied HU | 5,377 (35.5%) |
| Vacant Housing Units | 466 ( 3.1%) |
| Median Home Value | $626,625 |
| Average Home Value | $696,045 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
11,110
Multi-Family
3,315
Businesses
391
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Listed by: Yali Wang • Keller Williams Rlty Bellevue
Mls Name: NWMLS
Mls ID: #2423356