15512 Elm Street ESumnerWA98390
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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 Sumner at 15512 Elm Street E, Sumner, WA, 98390 offers a 6.11% rental yield on a $599,950 purchase with $3,054/mo rent. 7% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,755 over five years. Portfolio math shows five-year ROI at 85.42% and total cumulative return in cash at $168,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,054/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98390, Sumner, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,161 (100%) |
| Owner Occupied HU | 2,807 (54.4%) |
| Renter Occupied HU | 2,152 (41.7%) |
| Vacant Housing Units | 202 ( 3.9%) |
| Median Home Value | $596,064 |
| Average Home Value | $614,723 |
Housing Distribution
Address Breakdown
Residential
4,858
Single Family
4,313
Multi-Family
545
Businesses
961
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Listed by: Kenneth S. Crotts • eXp Realty
Mls Name: NWMLS
Mls ID: #2431539