24108 231st Place SEMaple ValleyWA98038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $4,307/mo, and a $3,769/mo payment. Purchase price stands at $769,950, and rental yield measures 6.71% with $4,307/mo rent. Return on cash invested shows 17.83% in year one, and 5% annual appreciation builds toward $212,723 over five years. Five-year ROI reaches 91.67% and total cumulative return in cash records $232,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,307/mo property income covering a $3,769/mo payment rather than investor’s personal income.
Single Family
Built in 2001
5,702 sqft lot
$N/A/sqft
$59 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Bills Clarke • The Amber Bills Group
Mls Name: NWMLS
Mls Provider:
Mls ID: #2424384
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 21:09:29 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)