15203 148th Avenue Ct EOrtingWA98360
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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 Orting at 15203 148th Avenue Ct E, Orting, WA, 98360 listed at $645,000 pairs $3,518/mo rent with a $3,157/mo payment. Total monthly income runs $3,518/mo. Return on cash invested measures 18.03% in year one, and rental yield registers 6.55% at a $645,000 basis. Equity gained on principal adds $4,162/yr, and annual property appreciation at 5% supports $178,202 by year five. Five-year ROI tracks 92.49% and total cumulative return in cash totals $196,264. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,518/mo property income relative to a $3,157/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
7,548 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98360, Orting, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,173 (100%) |
| Owner Occupied HU | 4,410 (85.3%) |
| Renter Occupied HU | 628 (12.1%) |
| Vacant Housing Units | 135 ( 2.6%) |
| Median Home Value | $591,502 |
| Average Home Value | $621,952 |
Housing Distribution
Address Breakdown
Residential
4,315
Single Family
4,296
Multi-Family
19
Businesses
245
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Listed by: Frank S. Irish • AgencyOne
Mls Name: NWMLS
Mls ID: #2404136