9623 S 248th Street UNIT E2KentWA98030
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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 Kent at 9623 S 248th Street UNIT E2, Kent, WA, 98030 earns $167/mo cash flow from $1,898/mo rent with a $1,101/mo payment. Total monthly income totals $1,898/mo, and annual cash flow totals $2,002/yr on $74,588 capital. ROI tracks 22.59% on current figures, and rental yield reads 10.12% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 119.2% and total cumulative return in cash sums $88,905. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,898/mo property income instead of your personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$353 monthly HOA
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Listed by: Bobbie Jo Roth • Skyline Properties, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2343384
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)