1204 106th Avenue Ct EEdgewoodWA98372
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
Investment property for sale in Edgewood at 1204 106th Avenue Ct E, Edgewood, WA, 98372 offers a 7.6% rental yield on a $719,990 purchase with $4,562/mo rent. Total monthly income registers $4,562/mo, and a $3,524/mo payment leaves $234/mo available for distribution. Annual cash flow reaches $2,808/yr on $236,877 to close, and return on cash invested stands at 21.25% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,920 over five years. Portfolio math shows five-year ROI at 109.76% and total cumulative return in cash at $259,996. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,562/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beau Towne • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2458344