15002 116th Street EPuyallupWA98374
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
Investment Highlights
Investment property for sale in Puyallup at 15002 116th Street E, Puyallup, WA, 98374 listed at $1,640,000 pairs $3,034/mo rent with a $8,027/mo payment. Total monthly income runs $3,034/mo. Return on cash invested measures 4.96% in year one, and rental yield registers 2.22% at a $1,640,000 basis. Equity gained on principal adds $10,583/yr, and annual property appreciation at 5% supports $453,102 by year five. Five-year ROI tracks 22.33% and total cumulative return in cash totals $118,654. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,034/mo property income relative to a $8,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
8.23 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffany R. Bowen • Blue Emerald Real Estate Co.
Mls Name: NWMLS
Mls ID: #2259127