24254 229th Avenue SEMaple 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 24254 229th Avenue SE, Maple Valley, WA, 98038 listed at $934,900 pairs $4,781/mo rent with a $4,576/mo payment. Total monthly income runs $4,781/mo. Return on cash invested measures 16.79% in year one, and rental yield registers 6.14% at a $934,900 basis. Equity gained on principal adds $6,033/yr, and annual property appreciation at 5% supports $258,296 by year five. Five-year ROI tracks 85.84% and total cumulative return in cash totals $264,037. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,781/mo property income relative to a $4,576/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
4,024 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: Jordan Matin • Matin Real Estate
Mls Name: NWMLS
Mls ID: #2411509