1002 Thompson StreetSumnerWA98390
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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 Sumner at 1002 Thompson Street, Sumner, WA, 98390 offers a 7.82% rental yield on a $839,750 purchase with $5,472/mo rent. Total monthly income registers $5,472/mo, and a $4,110/mo payment leaves $424/mo available for distribution. Annual cash flow reaches $5,091/yr on $276,278 to close, and return on cash invested stands at 21.9% in year one. Equity gained on principal adds $5,419/yr while 5% annual appreciation supports $232,007 over five years. Portfolio math shows five-year ROI at 113.28% and total cumulative return in cash at $312,955. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,472/mo property income against a $4,110/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1893
8,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98390, Sumner, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,161 (100%) |
| Owner Occupied HU | 2,807 (54.4%) |
| Renter Occupied HU | 2,152 (41.7%) |
| Vacant Housing Units | 202 ( 3.9%) |
| Median Home Value | $596,064 |
| Average Home Value | $614,723 |
Housing Distribution
Address Breakdown
Residential
4,858
Single Family
4,313
Multi-Family
545
Businesses
961
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Listed by: Ievgen Dimov • KW Lake Washington So
Mls Name: NWMLS
Mls ID: #2429464