7655 NE 204th PlaceKenmoreWA98028
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 7655 NE 204th Place, Kenmore, WA, 98028 listed at $1,400,000 pairs $4,511/mo rent with a $6,852/mo payment. Total monthly income runs $4,511/mo. Return on cash invested measures 10.04% in year one, and rental yield registers 3.87% at a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and annual property appreciation at 5% supports $386,794 by year five. Five-year ROI tracks 49.58% and total cumulative return in cash totals $224,911. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,511/mo property income relative to a $6,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
0.67 Acres 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: Cindy Hansen • Keller Williams West Sound
Mls Name: NWMLS
Mls ID: #2455411