12302 114th Avenue EPuyallupWA98374
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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 12302 114th Avenue E, Puyallup, WA, 98374 uses $139,230 cash to close to unlock $4,464/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $2,897/mo, and a $2,056/mo payment keeps the spread at $372/mo. Purchase price stands at $419,999, and rental yield measures 8.28% with $2,897/mo rent. Return on cash invested shows 23.12% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 119.78% and total cumulative return in cash records $166,771. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,897/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Single Family
Built in 1970
8,276 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: Lorene Bennett • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2459632