9311 S 216th PlaceKentWA98031
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 Kent at 9311 S 216th Place, Kent, WA, 98031 earns $683/mo cash flow from $5,167/mo rent with a $3,651/mo payment. Total monthly income totals $5,167/mo, and annual cash flow totals $8,197/yr on $245,401 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.31% at a $745,900 purchase. Equity gained on principal adds $4,813/yr, and 5% annual appreciation supports $206,078 over five years. Five-year ROI reaches 121.31% and total cumulative return in cash sums $297,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,167/mo property income instead of your personal income.
Single Family
Built in 2015
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98031, Kent, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,151 (100%) |
| Owner Occupied HU | 9,308 (61.4%) |
| Renter Occupied HU | 5,377 (35.5%) |
| Vacant Housing Units | 466 ( 3.1%) |
| Median Home Value | $626,625 |
| Average Home Value | $696,045 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
11,110
Multi-Family
3,315
Businesses
391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Serratos-McGregor • Timber Real Estate
Mls Name: NWMLS
Mls ID: #2434393