12002 113th Avenue Ct E #31PuyallupWA98374
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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 Puyallup at 12002 113th Avenue Ct E #31, Puyallup, WA, 98374 earns $677/mo cash flow from $2,658/mo rent with a $1,613/mo payment. Total monthly income totals $2,658/mo, and annual cash flow totals $8,125/yr on $109,229 capital. ROI tracks 27.35% on current figures, and rental yield reads 9.68% at a $329,500 purchase. Equity gained on principal adds $2,126/yr, and 5% annual appreciation supports $91,035 over five years. Five-year ROI reaches 142.53% and total cumulative return in cash sums $155,686. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,658/mo property income instead of your personal income.
Condo
Built in 1988
3,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98374, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,629 (100%) |
| Owner Occupied HU | 13,027 (66.4%) |
| Renter Occupied HU | 5,801 (29.6%) |
| Vacant Housing Units | 801 ( 4.1%) |
| Median Home Value | $595,754 |
| Average Home Value | $602,923 |
Housing Distribution
Address Breakdown
Residential
18,293
Single Family
16,439
Multi-Family
1,854
Businesses
296
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Listed by: Jan Rich • Gateway Real Estate
Mls Name: NWMLS
Mls ID: #2470494