15823 83rd Ave EPuyallupWA98375
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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 Puyallup at 15823 83rd Ave E, Puyallup, WA, 98375 listed at $475,000 pairs $3,152/mo rent with a $2,325/mo payment to leave $297/mo cash flow. Total monthly income runs $3,152/mo, and annual cash flow reaches $3,559/yr on $157,463 cash to close. Return on cash invested measures 22.17% in year one, and rental yield registers 7.96% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 114.74% and total cumulative return in cash totals $180,667. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,152/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
9,151 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98375, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,115 (100%) |
| Owner Occupied HU | 8,351 (75.1%) |
| Renter Occupied HU | 2,568 (23.1%) |
| Vacant Housing Units | 196 ( 1.8%) |
| Median Home Value | $544,012 |
| Average Home Value | $569,212 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
10,428
Multi-Family
586
Businesses
368
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Listed by: Leialoha Roberson • eXp Realty
Mls Name: NWMLS
Mls ID: #2430167