16230 24th Street E, Lake Tapps, WA, 98391 | 6.47% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Tapps at 16230 24th Street E, Lake Tapps, WA, 98391 earns from $4,255/mo rent with a $3,862/mo payment. Total monthly income totals $4,255/mo. ROI tracks 17.8% on current figures, and rental yield reads 6.47% at a $789,000 purchase. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 over five years. Five-year ROI reaches 91.28% and total cumulative return in cash sums $236,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,255/mo property income instead of your personal income.

Single Family

Built in 2011

5,436 sqft lot

$N/A/sqft

No HOA