15223 SE 276th PlaceKentWA98042
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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 15223 SE 276th Place, Kent, WA, 98042 generates $3,880/mo in rent, after a $3,426/mo payment. Total monthly income is $3,880/mo. Return on cash invested sits at 18.08% in year one, and rental yield is 6.65% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 92.88% and total cumulative return in cash sums $213,904. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,880/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
5,706 sqft lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98042, Kent, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,456 (100%) |
| Owner Occupied HU | 14,086 (80.7%) |
| Renter Occupied HU | 3,037 (17.4%) |
| Vacant Housing Units | 333 ( 1.9%) |
| Median Home Value | $690,370 |
| Average Home Value | $818,331 |
Housing Distribution
Address Breakdown
Residential
17,450
Single Family
15,982
Multi-Family
1,468
Businesses
636
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Listed by: Natalya Krahn • Keller Williams Eastside
Mls Name: NWMLS
Mls Provider:
Mls ID: #2392842
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 04:04:11 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)