18527 101st Avenue Ct E #217PuyallupWA98375
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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 18527 101st Avenue Ct E #217, Puyallup, WA, 98375 uses $99,450 cash to close to unlock $7,692/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $2,444/mo, and a $1,468/mo payment keeps the spread at $641/mo. Purchase price stands at $300,000, and rental yield measures 9.78% with $2,444/mo rent. Return on cash invested shows 27.64% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 144.08% and total cumulative return in cash records $143,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,444/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 2004
2,474 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
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Listed by: Lori L. Vandelac • Gateway Real Estate
Mls Name: NWMLS
Mls ID: #2418377