824 Kincaid Avenue #1-6SumnerWA98390
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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 Sumner at 824 Kincaid Avenue #1-6, Sumner, WA, 98390 earns from $3,996/mo rent with a $5,384/mo payment. Total monthly income totals $3,996/mo. ROI tracks 11.56% on current figures, and rental yield reads 4.36% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 57.74% and total cumulative return in cash sums $205,783. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,996/mo property income instead of your personal income.
Multi Family
Built in 1929
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98390, Sumner, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,161 (100%) |
| Owner Occupied HU | 2,807 (54.4%) |
| Renter Occupied HU | 2,152 (41.7%) |
| Vacant Housing Units | 202 ( 3.9%) |
| Median Home Value | $596,064 |
| Average Home Value | $614,723 |
Housing Distribution
Address Breakdown
Residential
4,858
Single Family
4,313
Multi-Family
545
Businesses
961
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Listed by: Charles Burnett • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2423801