11005 Jovita Boulevard EEdgewoodWA98372
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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
Rental property for sale in Edgewood at 11005 Jovita Boulevard E, Edgewood, WA, 98372 generates $2,707/mo in rent, after a $2,937/mo payment. Total monthly income is $2,707/mo. Return on cash invested sits at 14.59% in year one, and rental yield is 5.41% on a $599,999 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 74.04% and total cumulative return in cash sums $146,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,707/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98372, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,391 (100%) |
| Owner Occupied HU | 6,392 (51.6%) |
| Renter Occupied HU | 5,161 (41.7%) |
| Vacant Housing Units | 838 ( 6.8%) |
| Median Home Value | $644,299 |
| Average Home Value | $669,977 |
Housing Distribution
Address Breakdown
Residential
10,777
Single Family
8,780
Multi-Family
1,997
Businesses
635
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Listed by: Stephanie R. Herrmann • Better Properties Soundview
Mls Name: NWMLS
Mls ID: #2462980