22703 SE 242nd PlMaple 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 22703 SE 242nd Pl, Maple Valley, WA, 98038 earns $609/mo cash flow from $3,779/mo rent with a $2,581/mo payment. Total monthly income totals $3,779/mo, and annual cash flow totals $7,311/yr on $173,457 capital. ROI tracks 24.28% on current figures, and rental yield reads 8.6% at a $527,225 purchase. Equity gained on principal adds $3,402/yr, and 5% annual appreciation supports $145,663 over five years. Five-year ROI reaches 126% and total cumulative return in cash sums $218,555. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,779/mo property income instead of your personal income.
Townhouse
Built in 1996
4,434 sqft 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: Rochon Bhattacharya • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2425022