24762 45th Avenue S #12-D1KentWA98032
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 24762 45th Avenue S #12-D1, Kent, WA, 98032 offers a 8.47% rental yield on a $279,950 purchase with $1,975/mo rent. Total monthly income registers $1,975/mo, and a $1,370/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $209/yr on $92,803 to close, and return on cash invested stands at 20.13% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,345 over five years. Portfolio math shows five-year ROI at 105.13% and total cumulative return in cash at $97,565. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,975/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$275 monthly 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: James Tarleton • Skyline Properties, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2356621
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-25 05:04:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)