6722 NE 187th Street #106KenmoreWA98028
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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 6722 NE 187th Street #106, Kenmore, WA, 98028 listed at $849,950 pairs $4,418/mo rent with a $4,160/mo payment. Total monthly income runs $4,418/mo. Return on cash invested measures 17.09% in year one, and rental yield registers 6.24% at a $849,950 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,826 by year five. Five-year ROI tracks 87.48% and total cumulative return in cash totals $244,614. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,418/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
1,511 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: Peter M. Murphy • Keller Williams Realty Bothell
Mls Name: NWMLS
Mls ID: #2461437