23532 117th Avenue 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 23532 117th Avenue SE, Kent, WA, 98031 earns from $5,486/mo rent with a $4,552/mo payment. Total monthly income totals $5,486/mo. ROI tracks 19.65% on current figures, and rental yield reads 7.08% at a $929,950 purchase. Equity gained on principal adds $6,001/yr, and 5% annual appreciation supports $256,928 over five years. Five-year ROI reaches 101.19% and total cumulative return in cash sums $309,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,486/mo property income instead of your personal income.
Single Family
Built in 2012
6,128 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: Lori D. Bakken • Redfin
Mls Name: NWMLS
Mls ID: #2459362