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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Steilacoom at 1307 Walnut Lane, Steilacoom, WA, 98388 offers a 4.17% rental yield on a $1,139,900 purchase with $3,960/mo rent. 97% in year one. Equity gained on principal adds $7,356/yr while 5% annual appreciation supports $314,933 over five years. Portfolio math shows five-year ROI at 54.6% and total cumulative return in cash at $201,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,960/mo property income against a $5,579/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98388, Steilacoom, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,923 (64.7%) |
| Renter Occupied HU | 926 (31.2%) |
| Vacant Housing Units | 123 ( 4.1%) |
| Median Home Value | $664,681 |
| Average Home Value | $722,841 |
Residential
2,850
Single Family
2,366
Multi-Family
484
Businesses
113
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jontae Richardson • GCH Puget Sound, Inc.
Mls Name: NWMLS
Mls ID: #2459811
