This remodeled 2-bed, 1-bath, 919 sqft condo in Kent sits in a strong rental market, with comps and local data showing 2-bed units typically rent for $1,740–$2,000/month[1][2][3]. Given its upgraded finishes, garage parking, and private yard, it should attract tenants at the upper end of that range. Annual gross revenue could reach $20.9K–$24K. With a $380K valuation, the payback period on gross rent is roughly 16–18 years before expenses. Kent’s vacancy rate is moderate, and demand for 2-bed units remains high, but a $463 HOA will impact net returns.
To maximize rental value, emphasize the modern remodel, covered parking, and private outdoor space—these are rare perks for area condos. Consider offering pet-friendly terms and flexible lease lengths. If selling, market to investors highlighting low-maintenance features, recent upgrades, and the robust local rental market. Staying competitive with local amenities and tech upgrades could also push rents higher.