8317 NE 162nd PlaceKenmoreWA98028
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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 8317 NE 162nd Place, Kenmore, WA, 98028 earns from $3,718/mo rent with a $5,359/mo payment. Total monthly income totals $3,718/mo. ROI tracks 10.68% on current figures, and rental yield reads 4.07% at a $1,095,000 purchase. Equity gained on principal adds $7,066/yr, and 5% annual appreciation supports $302,528 over five years. Five-year ROI reaches 53.04% and total cumulative return in cash sums $188,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,718/mo property income instead of your personal income.
Single Family
Built in 1988
0.27 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
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Listed by: Igor Mayster • John L. Scott R.E.Tacoma North
Mls Name: NWMLS
Mls ID: #2447453