1856 Central Place S #D42KentWA98030
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 1856 Central Place S #D42, Kent, WA, 98030 in Kent is narrow, $146/mo net on $1,802/mo rent after the $877/mo debt service, but the property operates at break-even-plus, not a loss. At $195,000 with a 11.09% yield, the long-run equity case via 5% appreciation ($53,875 over five years) and $1,796/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.05 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $85,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.8% |
| Monthly Cash Flow | $146 | $1,850 |
City averages based on Kent market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,802 |
| Total Monthly Debt Service | $1,579 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1978
N/A lot
$N/A/sqft
$484 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1978
N/A lot
$N/A/sqft
$484 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Clukey • Windermere Real Estate/PSR Inc
Mls Name: NWMLS
Mls Provider:
Mls ID: #2377424
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 04:19:19 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)