26800 194th Ave SECovingtonWA98042
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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 Covington at 26800 194th Ave SE, Covington, WA, 98042 earns from $3,244/mo rent with a $2,668/mo payment. Total monthly income totals $3,244/mo. ROI tracks 19.84% on current figures, and rental yield reads 7.14% at a $545,000 purchase. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 over five years. Five-year ROI reaches 102.23% and total cumulative return in cash sums $183,312. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,244/mo property income instead of your personal income.
Single Family
Built in 1969
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98042, Kent, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,456 (100%) |
| Owner Occupied HU | 14,086 (80.7%) |
| Renter Occupied HU | 3,037 (17.4%) |
| Vacant Housing Units | 333 ( 1.9%) |
| Median Home Value | $690,370 |
| Average Home Value | $818,331 |
Housing Distribution
Address Breakdown
Residential
17,450
Single Family
15,982
Multi-Family
1,468
Businesses
636
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Listed by: Jeffrey Ogden • Goldhouse Realty
Mls Name: NWMLS
Mls ID: #2416367