22843 Tranquility Place NEKingstonWA98346
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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
Rental property for sale in Kingston at 22843 Tranquility Place NE, Kingston, WA, 98346 generates $4,512/mo in rent, after a $5,849/mo payment. Total monthly income is $4,512/mo. Return on cash invested sits at 12.09% in year one, and rental yield is 4.53% on a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 60.58% and total cumulative return in cash sums $234,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,512/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98346, Kingston, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 3,569 (75.7%) |
| Renter Occupied HU | 799 (16.9%) |
| Vacant Housing Units | 348 ( 7.4%) |
| Median Home Value | $697,923 |
| Average Home Value | $739,821 |
Housing Distribution
Address Breakdown
Residential
3,831
Single Family
3,830
Multi-Family
1
Businesses
329
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Listed by: Eileen Black • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2430214