13704 117th Avenue EPuyallupWA98374
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 13704 117th Avenue E, Puyallup, WA, 98374 in Puyallup. At $693,000 it earns $3,448/mo in rent and distributes $306/mo to the owner after the $3,116/mo payment, a consistent 7.82% yield. DSCR 1.11 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $191,463 in value; $6,383/yr in principal paydown compounds ownership stake. Total projected return: $213,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 5.2% |
| Monthly Cash Flow | $306 | $850 |
City averages based on Puyallup market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,448 |
| Total Monthly Debt Service | $3,935 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2002
9,652 sqft lot
$N/A/sqft
$45 monthly 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
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 2002
9,652 sqft lot
$N/A/sqft
$45 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine Baumann • John L. Scott, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2362797
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)