12308 123rd Street Ct E #40PuyallupWA98374
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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
Rental property for sale in Puyallup at 12308 123rd Street Ct E #40, Puyallup, WA, 98374 generates $1,508/mo in rent and, after a $944/mo payment, leaves $349/mo in cash flow. Total monthly income is $1,508/mo, and annual cash flow is $4,182/yr on $63,963 invested. Return on cash invested sits at 26.45% in year one, and rental yield is 9.38% on a $192,950 entry. Equity gained on principal adds $1,245/yr, while 5% annual appreciation builds toward $53,309 over five years. Five-year ROI reaches 137.69% and total cumulative return in cash sums $88,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,508/mo property income rather than buyer’s personal income.
Manufactured
Built in 1978
N/A 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: Holly Linebarger • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2416856