10917 Lagoon Lane SLakewoodWA98499
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 Lakewood at 10917 Lagoon Lane S, Lakewood, WA, 98499 generates $4,792/mo in rent, after a $4,841/mo payment. Total monthly income is $4,792/mo. Return on cash invested sits at 15.58% in year one, and rental yield is 5.81% on a $989,000 entry. Equity gained on principal adds $6,382/yr, while 5% annual appreciation builds toward $273,242 over five years. Five-year ROI reaches 79.45% and total cumulative return in cash sums $258,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,792/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.76 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 98499, Lakewood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,378 (100%) |
| Owner Occupied HU | 5,198 (36.2%) |
| Renter Occupied HU | 8,456 (58.8%) |
| Vacant Housing Units | 724 ( 5.0%) |
| Median Home Value | $506,163 |
| Average Home Value | $545,017 |
Housing Distribution
Address Breakdown
Residential
13,307
Single Family
9,776
Multi-Family
3,531
Businesses
1,644
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Sold | $989,000 |
| 2025-06-11 | Pending sale | $989,000 |
| 2025-06-07 | Listed for sale | $989,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $9036.97 | -4.81% | $876,800 | -1.67% |
| 2023-10-17 | $9493.49 | 3.99% | $891,700 | -0.39% |
| 2022-10-17 | $9129.40 | 6.98% | $895,200 | 20.99% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1959
- Architectural Style: Traditional
- Building Area: 3,635
- Living Area: 3,635 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Fireplace, Forced Air, Oil
- Cooling: None
- Flooring: Ceramic Tile, Hardwood, Laminate, Stone, Carpet
- Interior Features: Bath Off Primary, Ceiling Fan(s), Dining Room
- Exterior Features: N/A
- Parking Features: Driveway, Attached Garage, Off Street, RV Parking
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sewer Connected, Company: Pierce County
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Idlewild Elem
- Middle School: Hudtloff Mid
- High School: Clover Park High
Listed by: Michael Morrison • Morrison House Sotheby's Intl
Mls Name: NWMLS
Mls Provider:
Mls ID: #2389361
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)