20906 114th Place SE #17KentWA98031
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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 20906 114th Place SE #17, Kent, WA, 98031 earns $410/mo cash flow from $2,574/mo rent with a $1,762/mo payment. Total monthly income totals $2,574/mo, and annual cash flow totals $4,920/yr on $119,340 capital. ROI tracks 24.03% on current figures, and rental yield reads 8.58% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 124.7% and total cumulative return in cash sums $148,821. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,574/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98031, Kent, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,151 (100%) |
| Owner Occupied HU | 9,308 (61.4%) |
| Renter Occupied HU | 5,377 (35.5%) |
| Vacant Housing Units | 466 ( 3.1%) |
| Median Home Value | $626,625 |
| Average Home Value | $696,045 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
11,110
Multi-Family
3,315
Businesses
391
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Listed by: Lizbeth J Salazar • eXp Realty
Mls Name: NWMLS
Mls ID: #2422833