10114 Canyon Road EPuyallupWA98373
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play10114 Canyon Road E, Puyallup, WA, 98373 in Puyallup is priced for appreciation, not yield. Rental yield 5.24%. At $749,995 with a 5.24% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $207,210 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.97) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $204,483.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 5.2% |
| Monthly Cash Flow | $(1,234) | $850 |
City averages based on Puyallup market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,275 |
| Total Monthly Debt Service | $4,210 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
2.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98373, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,602 (100%) |
| Owner Occupied HU | 6,263 (59.1%) |
| Renter Occupied HU | 4,077 (38.5%) |
| Vacant Housing Units | 262 ( 2.5%) |
| Median Home Value | $600,208 |
| Average Home Value | $626,208 |
Housing Distribution
Address Breakdown
Residential
10,727
Single Family
7,743
Multi-Family
2,984
Businesses
1,144
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
Single Family
Built in 1947
2.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98373, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,602 (100%) |
| Owner Occupied HU | 6,263 (59.1%) |
| Renter Occupied HU | 4,077 (38.5%) |
| Vacant Housing Units | 262 ( 2.5%) |
| Median Home Value | $600,208 |
| Average Home Value | $626,208 |
Housing Distribution
Address Breakdown
Residential
10,727
Single Family
7,743
Multi-Family
2,984
Businesses
1,144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2499560