17406 118th Street Ct E UNIT EPuyallupWA98374
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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 17406 118th Street Ct E UNIT E, Puyallup, WA, 98374 listed at $395,800 pairs $3,126/mo rent with a $1,937/mo payment to leave $543/mo cash flow. Total monthly income runs $3,126/mo, and annual cash flow reaches $6,516/yr on $131,208 cash to close. Return on cash invested measures 24.88% in year one, and rental yield registers 9.48% at a $395,800 basis. Equity gained on principal adds $2,554/yr, and annual property appreciation at 5% supports $109,352 by year five. Five-year ROI tracks 129.95% and total cumulative return in cash totals $170,501. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,126/mo property income relative to a $1,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2013
1,450 sqft lot
$N/A/sqft
$204 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98374, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,629 (100%) |
| Owner Occupied HU | 13,027 (66.4%) |
| Renter Occupied HU | 5,801 (29.6%) |
| Vacant Housing Units | 801 ( 4.1%) |
| Median Home Value | $595,754 |
| Average Home Value | $602,923 |
Housing Distribution
Address Breakdown
Residential
18,293
Single Family
16,439
Multi-Family
1,854
Businesses
296
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Listed by: Anna McClusky • Keller Williams Realty PS
Mls Name: NWMLS
Mls Provider:
Mls ID: #2297527
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.