21507 SE 248th StreetMaple ValleyWA98038
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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 Maple Valley at 21507 SE 248th Street, Maple Valley, WA, 98038 uses $164,093 cash to close to unlock $10,959/yr annual cash flow and $913/mo monthly cash flow. Total monthly income runs $3,889/mo, and a $2,423/mo payment keeps the spread at $913/mo. Purchase price stands at $495,000, and rental yield measures 9.43% with $3,889/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 138.44% and total cumulative return in cash records $227,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,889/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98038, Maple Valley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,872 (100%) |
| Owner Occupied HU | 10,745 (83.5%) |
| Renter Occupied HU | 1,855 (14.4%) |
| Vacant Housing Units | 272 ( 2.1%) |
| Median Home Value | $801,561 |
| Average Home Value | $929,919 |
Housing Distribution
Address Breakdown
Residential
12,958
Single Family
12,547
Multi-Family
411
Businesses
724
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Listed by: Jennifer Clukey • Windermere Real Estate/PSR Inc
Mls Name: NWMLS
Mls ID: #2460516