20235 SE 259th PlCovingtonWA98042
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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
Total monthly income runs $3,960/mo, and a $4,022/mo payment. Purchase price stands at $821,800, and rental yield measures 5.78% with $3,960/mo rent. Return on cash invested shows 15.52% in year one, and 5% annual appreciation builds toward $227,048 over five years. Five-year ROI reaches 79.12% and total cumulative return in cash records $213,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,960/mo property income covering a $4,022/mo payment rather than investor’s personal income.
Single Family
Built in 2019
3,920 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: N/A • N/A
Mls Name: John L Scott Real Estate
Mls ID: #2434032