23516 SE 243rd PlaceMaple 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
Rental property for sale in Maple Valley at 23516 SE 243rd Place, Maple Valley, WA, 98038 generates $3,788/mo in rent, after a $3,744/mo payment. Total monthly income is $3,788/mo. Return on cash invested sits at 16.2% in year one, and rental yield is 5.94% on a $764,950 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,342 over five years. Five-year ROI reaches 82.67% and total cumulative return in cash sums $208,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,788/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
4,255 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: Timothy F. O'Neil • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2412953