12906 Naomilawn Dr SWLakewoodWA98498
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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 Lakewood at 12906 Naomilawn Dr SW, Lakewood, WA, 98498 earns from $3,570/mo rent with a $3,157/mo payment. Total monthly income totals $3,570/mo. ROI tracks 17.66% on current figures, and rental yield reads 6.64% at a $645,000 purchase. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 over five years. Five-year ROI reaches 90.76% and total cumulative return in cash sums $192,592. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,570/mo property income instead of your personal income.
Home Type Unknown
Built in 1900
1 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 98498, Lakewood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,521 (100%) |
| Owner Occupied HU | 7,489 (59.8%) |
| Renter Occupied HU | 4,484 (35.8%) |
| Vacant Housing Units | 548 ( 4.4%) |
| Median Home Value | $574,433 |
| Average Home Value | $644,712 |
Housing Distribution
Address Breakdown
Residential
12,172
Single Family
10,007
Multi-Family
2,165
Businesses
238
Price History
Date | Event | Price |
|---|---|---|
| 2023-08-30 | Sold | $645,000 |
| 2023-06-16 | Pending sale | $629,900 |
| 2023-06-08 | Listed for sale | $629,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $6831.71 | 21.04% | $662,800 | 26.34% |
| 2023-10-19 | $5644.09 | -1.23% | $524,600 | -5.49% |
| 2022-10-19 | $5714.16 | 2.26% | $555,100 | 15.57% |
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Facts & Features
General Information
- Type: Unknown
- Year Built: 1900
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Other, Electric, Gas
- Cooling: N/A
- Flooring: Tile, Hardwood, Laminate
- Interior Features: N/A
- Exterior Features: Other
- Parking Features: Garage - Attached
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sewer Connected
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A