Tapps with Basement Plan, Toll Brothers at Maple HillsCovingtonWA98042
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
Rental property for sale in Covington at Tapps with Basement Plan, Toll Brothers at Maple Hills, Covington, WA, 98042 priced at $1,124,995 converts $5,300/mo rent into after a $5,506/mo obligation. Total monthly income equals $5,300/mo. Return on cash invested prints 15.56% in year one, and rental yield reads 5.65% against a $1,124,995 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation compiles into $310,815 by year five. Five-year ROI reaches 79.16% and total cumulative return in cash sums $288,535. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,300/mo property income covering a $5,506/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Toll Brothers
Mls Name: Toll Brothers Inc.
Mls Provider:
Mls ID: #N/A