8013 NE 177th Court #2KenmoreWA98028
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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 8013 NE 177th Court #2, Kenmore, WA, 98028 uses $152,457 cash to close to unlock $725/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $2,825/mo, and a $2,251/mo payment keeps the spread at $60/mo. Purchase price stands at $459,900, and rental yield measures 7.37% with $2,825/mo rent. Return on cash invested shows 20.38% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 105.17% and total cumulative return in cash records $160,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,825/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
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: Terri B. Fletcher • Hallmark Realty
Mls Name: NWMLS
Mls ID: #2422459