17003 83rd Avenue Ct EPuyallupWA98375
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 17003 83rd Avenue Ct E, Puyallup, WA, 98375 in Puyallup. At $609,900 it earns $4,135/mo in rent and distributes $414/mo to the owner after the $2,742/mo payment, a consistent 8.14% yield. DSCR 1.51 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $168,504 in value; $5,617/yr in principal paydown compounds ownership stake. Total projected return: $260,995.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.2% |
| Monthly Cash Flow | $414 | $850 |
City averages based on Puyallup market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,135 |
| Total Monthly Debt Service | $3,424 |
| DSCR Ratio | 1.21x |
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
6,686 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
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
6,686 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Vlasak • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2463951