140 Summit Avenue N #B-6, Kent, WA, 98030 | $763/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Kent at 140 Summit Avenue N #B-6, Kent, WA, 98030 generates $2,566/mo in rent and, after a $1,468/mo payment, leaves $763/mo in cash flow. Total monthly income is $2,566/mo, and annual cash flow is $9,157/yr on $99,433 invested. Return on cash invested sits at 29.12% in year one, and rental yield is 10.27% on a $299,950 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,871 over five years. Five-year ROI reaches 152.05% and total cumulative return in cash sums $151,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,566/mo property income rather than buyer’s personal income.

Condo

Built in 1980

1,136 sqft lot

$N/A/sqft

No HOA