18408 Alpine Way EPuyallupWA98374
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.65% yield at 18408 Alpine Way E, Puyallup, WA, 98374 in Puyallup is solid, but the $1,911/mo payment compresses net cash flow to $113/mo at $424,950. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $117,406 by year five, and $3,914/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.42) without U.S. income documentation. Total projected return: $170,898.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 5.2% |
| Monthly Cash Flow | $113 | $850 |
City averages based on Puyallup market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,711 |
| Total Monthly Debt Service | $2,385 |
| DSCR Ratio | 1.14x |
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 2020
3,075 sqft lot
$N/A/sqft
No 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
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 2020
3,075 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2491332