23420 54th Avenue #25-1KentWA98032
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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 23420 54th Avenue #25-1, Kent, WA, 98032 earns $314/mo cash flow from $2,719/mo rent with a $1,958/mo payment. Total monthly income totals $2,719/mo, and annual cash flow totals $3,773/yr on $132,583 capital. ROI tracks 22.75% on current figures, and rental yield reads 8.16% at a $399,950 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,499 over five years. Five-year ROI reaches 117.89% and total cumulative return in cash sums $156,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,719/mo property income instead of your personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98032, Kent, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,244 (100%) |
| Owner Occupied HU | 6,094 (37.5%) |
| Renter Occupied HU | 9,179 (56.5%) |
| Vacant Housing Units | 971 ( 6.0%) |
| Median Home Value | $578,250 |
| Average Home Value | $690,729 |
Housing Distribution
Address Breakdown
Residential
15,532
Single Family
7,163
Multi-Family
8,369
Businesses
2,598
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Listed by: Jim Burton • Better Properties Kent LLC
Mls Name: NWMLS
Mls ID: #2432570