6700 NE 182nd Street SE #B305KenmoreWA98028
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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 Kenmore at 6700 NE 182nd Street SE #B305, Kenmore, WA, 98028 earns $321/mo cash flow from $2,876/mo rent with a $2,080/mo payment. Total monthly income totals $2,876/mo, and annual cash flow totals $3,857/yr on $140,888 capital. ROI tracks 22.65% on current figures, and rental yield reads 8.12% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 117.31% and total cumulative return in cash sums $165,269. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,876/mo property income instead of your personal income.
Condo
Built in 1989
923.47 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98028, Kenmore, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,667 (100%) |
| Owner Occupied HU | 6,628 (68.6%) |
| Renter Occupied HU | 2,796 (28.9%) |
| Vacant Housing Units | 243 ( 2.5%) |
| Median Home Value | $944,853 |
| Average Home Value | $1,082,892 |
Housing Distribution
Address Breakdown
Residential
9,727
Single Family
7,739
Multi-Family
1,988
Businesses
501
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Listed by: Jesse Wayne Roach • Seattle Works Real Estate
Mls Name: NWMLS
Mls ID: #2434675