7217 NE 175th St UNIT 215KenmoreWA98028
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 Kenmore at 7217 NE 175th St UNIT 215, Kenmore, WA, 98028 earns $247/mo cash flow from $1,958/mo rent with a $1,379/mo payment. Total monthly income totals $1,958/mo, and annual cash flow totals $2,963/yr on $93,417 capital. ROI tracks 23.08% on current figures, and rental yield reads 8.34% at a $281,800 purchase. Equity gained on principal adds $1,818/yr, and 5% annual appreciation supports $77,856 over five years. Five-year ROI reaches 119.69% and total cumulative return in cash sums $111,814. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,958/mo property income instead of your personal income.
Apartment
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A