16409 27th Street Ct ELake TappsWA98391
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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 Lake Tapps at 16409 27th Street Ct E, Lake Tapps, WA, 98391 offers a 6.22% rental yield on a $874,995 purchase with $4,534/mo rent. 7% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,745 over five years. Portfolio math shows five-year ROI at 85.5% and total cumulative return in cash at $246,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,534/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
3,972 sqft lot
$N/A/sqft
$79 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Christine L. Cordova • Teambuilder KW
Mls Name: NWMLS
Mls Provider:
Mls ID: #2233192
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 05:29:31 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)