13208 St Ct E 116thPuyallupWA98372
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 13208 St Ct E 116th, Puyallup, WA, 98372 in Puyallup: $4,290/mo in rent, $990/mo in net income, 9.38% gross yield, 1.74 DSCR, all at $548,950. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $151,665 in appreciation and $5,056/yr in principal paydown projects total cumulative return of $271,521.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.2% |
| Monthly Cash Flow | $990 | $850 |
City averages based on Puyallup market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,290 |
| Total Monthly Debt Service | $3,081 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
9,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98372, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,391 (100%) |
| Owner Occupied HU | 6,392 (51.6%) |
| Renter Occupied HU | 5,161 (41.7%) |
| Vacant Housing Units | 838 ( 6.8%) |
| Median Home Value | $644,299 |
| Average Home Value | $669,977 |
Housing Distribution
Address Breakdown
Residential
10,777
Single Family
8,780
Multi-Family
1,997
Businesses
635
Nearby investment properties with comparable rents
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
Single Family
Built in 1986
9,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98372, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,391 (100%) |
| Owner Occupied HU | 6,392 (51.6%) |
| Renter Occupied HU | 5,161 (41.7%) |
| Vacant Housing Units | 838 ( 6.8%) |
| Median Home Value | $644,299 |
| Average Home Value | $669,977 |
Housing Distribution
Address Breakdown
Residential
10,777
Single Family
8,780
Multi-Family
1,997
Businesses
635
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Khristina Swanson • Windermere RE West Campus Inc
Mls Name: NWMLS
Mls ID: #2438025