21423 122nd Place SEKentWA98031
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
Investment Highlights
Rental property for sale in Kent at 21423 122nd Place SE, Kent, WA, 98031 generates $3,389/mo in rent, after a $3,181/mo payment. Total monthly income is $3,389/mo. Return on cash invested sits at 17.15% in year one, and rental yield is 6.26% on a $649,999 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 87.81% and total cumulative return in cash sums $187,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,389/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
7,413 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trong Dang • TD Home Team Inc
Mls Name: NWMLS
Mls ID: #2430809