1225 3rd Avenue NW UNIT 6PuyallupWA98371
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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 Puyallup at 1225 3rd Avenue NW UNIT 6, Puyallup, WA, 98371 listed at $299,950 pairs $1,884/mo rent with a $1,468/mo payment. Total monthly income runs $1,884/mo. Return on cash invested measures 17.99% in year one, and rental yield registers 7.54% at a $299,950 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,871 by year five. Five-year ROI tracks 93.42% and total cumulative return in cash totals $92,888. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,884/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1958
2,474 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98371, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,873 (100%) |
| Owner Occupied HU | 6,958 (70.5%) |
| Renter Occupied HU | 2,418 (24.5%) |
| Vacant Housing Units | 497 ( 5.0%) |
| Median Home Value | $616,785 |
| Average Home Value | $636,899 |
Housing Distribution
Address Breakdown
Residential
10,501
Single Family
9,516
Multi-Family
985
Businesses
895
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Listed by: Joshua Norris • John L. Scott, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2296598
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.