1202 Eleanor CourtSteilacoomWA98388
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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 Steilacoom at 1202 Eleanor Court, Steilacoom, WA, 98388 earns from $3,698/mo rent with a $3,500/mo payment. Total monthly income totals $3,698/mo. ROI tracks 17% on current figures, and rental yield reads 6.21% at a $715,000 purchase. Equity gained on principal adds $4,614/yr, and 5% annual appreciation supports $197,541 over five years. Five-year ROI reaches 86.96% and total cumulative return in cash sums $204,561. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,698/mo property income instead of your personal income.
Single Family
Built in 1967
8,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98388, Steilacoom, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,923 (64.7%) |
| Renter Occupied HU | 926 (31.2%) |
| Vacant Housing Units | 123 ( 4.1%) |
| Median Home Value | $664,681 |
| Average Home Value | $722,841 |
Housing Distribution
Address Breakdown
Residential
2,850
Single Family
2,366
Multi-Family
484
Businesses
113
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Listed by: Jennifer Buday • Redfin
Mls Name: NWMLS
Mls ID: #2403989