21714 118th Place SEKentWA98031
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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 21714 118th Place SE, Kent, WA, 98031 listed at $575,000 pairs $3,306/mo rent with a $2,814/mo payment. Total monthly income runs $3,306/mo. Return on cash invested measures 19.11% in year one, and rental yield registers 6.9% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 98.27% and total cumulative return in cash totals $185,903. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,306/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
5,662 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
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Listed by: Max Wurzburg • Windermere Real Estate Midtown
Mls Name: NWMLS
Mls ID: #2452831