








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lakewood at 10502 108th Avenue SW, Lakewood, WA, 98498 uses $161,606 cash to close to unlock $5,395/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $3,380/mo, and a $2,386/mo payment keeps the spread at $450/mo. Purchase price stands at $487,500, and rental yield measures 8.32% with $3,380/mo rent. Return on cash invested shows 23.25% in year one, and 5% annual appreciation builds toward $134,687 over five years. Five-year ROI reaches 120.51% and total cumulative return in cash records $194,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,380/mo property income covering a $2,386/mo payment rather than investor’s personal income.
Single Family
Built in 1965
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98498, Lakewood, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,521 (100%) |
| Owner Occupied HU | 7,489 (59.8%) |
| Renter Occupied HU | 4,484 (35.8%) |
| Vacant Housing Units | 548 ( 4.4%) |
| Median Home Value | $574,433 |
| Average Home Value | $644,712 |
Residential
12,172
Single Family
10,007
Multi-Family
2,165
Businesses
238
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Eric Herbel • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2452546