7301 NE 175th St Street #335KenmoreWA98028
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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 7301 NE 175th St Street #335, Kenmore, WA, 98028 listed at $268,000 pairs $1,896/mo rent with a $1,312/mo payment to leave $285/mo cash flow. Total monthly income runs $1,896/mo, and annual cash flow reaches $3,417/yr on $88,842 cash to close. Return on cash invested measures 23.75% in year one, and rental yield registers 8.49% at a $268,000 basis. Equity gained on principal adds $1,729/yr, and annual property appreciation at 5% supports $74,043 by year five. Five-year ROI tracks 123.24% and total cumulative return in cash totals $109,485. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,896/mo property income relative to a $1,312/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2003
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
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Listed by: Janet Hite • HomeSmart Real Estate Assoc
Mls Name: NWMLS
Mls ID: #2432983