19511 SE 265th StreetCovingtonWA98042
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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 Covington at 19511 SE 265th Street, Covington, WA, 98042 earns $385/mo cash flow from $3,330/mo rent with a $2,398/mo payment. Total monthly income totals $3,330/mo, and annual cash flow totals $4,619/yr on $162,402 capital. ROI tracks 22.75% on current figures, and rental yield reads 8.16% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 117.85% and total cumulative return in cash sums $191,393. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,330/mo property income instead of your personal income.
Single Family
Built in 1969
8,023 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98042, Kent, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,456 (100%) |
| Owner Occupied HU | 14,086 (80.7%) |
| Renter Occupied HU | 3,037 (17.4%) |
| Vacant Housing Units | 333 ( 1.9%) |
| Median Home Value | $690,370 |
| Average Home Value | $818,331 |
Housing Distribution
Address Breakdown
Residential
17,450
Single Family
15,982
Multi-Family
1,468
Businesses
636
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Listed by: Chelsey M. Gerisilo • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2442480