18609 87th Avenue Ct EPuyallupWA98375
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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
Investment Highlights
Investment property for sale in Puyallup at 18609 87th Avenue Ct E, Puyallup, WA, 98375 offers a 8.14% rental yield on a $555,000 purchase with $3,766/mo rent. Total monthly income registers $3,766/mo, and a $2,716/mo payment leaves $430/mo available for distribution. Annual cash flow reaches $5,163/yr on $182,595 to close, and return on cash invested stands at 22.89% in year one. Equity gained on principal adds $3,581/yr while 5% annual appreciation supports $153,336 over five years. Portfolio math shows five-year ROI at 118.56% and total cumulative return in cash at $216,488. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,766/mo property income against a $2,716/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,501 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: Candice Frazier • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2412014