28402 142nd Place SEKentWA98042
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 28402 142nd Place SE, Kent, WA, 98042 uses $274,699 cash to close to unlock $2,618/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $5,300/mo, and a $4,087/mo payment keeps the spread at $218/mo. Purchase price stands at $834,950, and rental yield measures 7.62% with $5,300/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $230,681 over five years. Five-year ROI reaches 108.6% and total cumulative return in cash records $298,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,300/mo property income covering a $4,087/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,911 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98042, Kent, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,456 (100%) |
| Owner Occupied HU | 14,086 (80.7%) |
| Renter Occupied HU | 3,037 (17.4%) |
| Vacant Housing Units | 333 ( 1.9%) |
| Median Home Value | $690,370 |
| Average Home Value | $818,331 |
Housing Distribution
Address Breakdown
Residential
17,450
Single Family
15,982
Multi-Family
1,468
Businesses
636
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Douglas A McCollum • John L. Scott, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2395389
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-01 21:19:42 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)