827 3rd Ave NKentWA98032
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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
Rental property for sale in Kent at 827 3rd Ave N, Kent, WA, 98032 offers $2,123/mo rent that, after a $2,203/mo payment. Total monthly income is $2,123/mo. Return on cash invested measures 15.15% in year one, and rental yield stands at 5.66% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 77.12% and total cumulative return in cash reaches $115,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,123/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1931
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98032, Kent, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,244 (100%) |
| Owner Occupied HU | 6,094 (37.5%) |
| Renter Occupied HU | 9,179 (56.5%) |
| Vacant Housing Units | 971 ( 6.0%) |
| Median Home Value | $578,250 |
| Average Home Value | $690,729 |
Housing Distribution
Address Breakdown
Residential
15,532
Single Family
7,163
Multi-Family
8,369
Businesses
2,598
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Listed by: N/A • N/A
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