20822 SE 271st StreetKentWA98042
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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 20822 SE 271st Street, Kent, WA, 98042 offers a 9.62% rental yield on a $450,000 purchase with $3,607/mo rent. Total monthly income registers $3,607/mo, and a $2,203/mo payment leaves $902/mo available for distribution. Annual cash flow reaches $10,818/yr on $149,175 to close, and return on cash invested stands at 27.16% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 141.5% and total cumulative return in cash at $211,086. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,607/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.32 Acres lot
$N/A/sqft
No 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: Tamara Sanderson • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2441963