1101 152nd Street SSpanawayWA98387
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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 Spanaway at 1101 152nd Street S, Spanaway, WA, 98387 earns from $2,584/mo rent with a $2,814/mo payment. Total monthly income totals $2,584/mo. ROI tracks 14.53% on current figures, and rental yield reads 5.39% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 73.71% and total cumulative return in cash sums $139,439. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,584/mo property income instead of your personal income.
Multi Family
Built in 1979
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98387, Spanaway, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,644 (100%) |
| Owner Occupied HU | 13,271 (75.2%) |
| Renter Occupied HU | 3,965 (22.5%) |
| Vacant Housing Units | 408 ( 2.3%) |
| Median Home Value | $526,528 |
| Average Home Value | $531,866 |
Housing Distribution
Address Breakdown
Residential
17,143
Single Family
16,837
Multi-Family
306
Businesses
643
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Listed by: James A. Fisher • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2465818