16217 76th Avenue Ct EPuyallupWA98375
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 16217 76th Avenue Ct E, Puyallup, WA, 98375 in Puyallup worth modelling. At $528,500 with a 7.87% gross yield, the $3,464/mo rent leaves $156/mo after the $2,376/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.46 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $146,015 by year five; $4,868/yr in principal reduction adds further equity. Total projected return: $210,638.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.2% |
| Monthly Cash Flow | $156 | $850 |
City averages based on Puyallup market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,464 |
| Total Monthly Debt Service | $3,098 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2015
4,024 sqft lot
$N/A/sqft
$350 annually 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
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 2015
4,024 sqft lot
$N/A/sqft
$350 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter Hoberg • John L. Scott, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2316280
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 04:59:41 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)