22005 103rd 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
Investment property for sale in Kent at 22005 103rd Place SE, Kent, WA, 98031 listed at $599,950 pairs $2,874/mo rent with a $2,936/mo payment. Total monthly income runs $2,874/mo. Return on cash invested measures 15.61% in year one, and rental yield registers 5.75% at a $599,950 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,755 by year five. Five-year ROI tracks 79.54% and total cumulative return in cash totals $157,004. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,874/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
8,498 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: Michael Witt • Windermere RE/Capitol Hill,Inc
Mls Name: NWMLS
Mls ID: #2444794