140 Summit Avenue N #A6KentWA98030
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 140 Summit Avenue N #A6, Kent, WA, 98030 in Kent the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $192,500 price is below income-first thresholds, but 5%/yr value growth projects $53,184 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.8% |
| Monthly Cash Flow | $0 | $1,850 |
City averages based on Kent market data in our database. Property projections are estimates.
Condo
Built in 1980
N/A lot
$N/A/sqft
$450 monthly HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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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
Condo
Built in 1980
N/A lot
$N/A/sqft
$450 monthly HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Karen Mitchell • Skyline Properties, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2390905
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 22:49:34 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)