12604 SE 228th CourtKentWA98031
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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
Investment property for sale in Kent at 12604 SE 228th Court, Kent, WA, 98031 uses $254,975 cash to close to unlock $319/yr annual cash flow and $27/mo monthly cash flow. Total monthly income runs $4,685/mo, and a $3,793/mo payment keeps the spread at $27/mo. Purchase price stands at $775,000, and rental yield measures 7.25% with $4,685/mo rent. Return on cash invested shows 20.19% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 104.06% and total cumulative return in cash records $265,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,685/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.40 Acres 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: Haley Frye • RSVP Brokers ERA
Mls Name: NWMLS
Mls ID: #2427271