1903 184th Street Ct ESpanawayWA98387
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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 Spanaway at 1903 184th Street Ct E, Spanaway, WA, 98387 earns $260/mo cash flow from $3,406/mo rent with a $2,493/mo payment. Total monthly income totals $3,406/mo, and annual cash flow totals $3,123/yr on $167,560 capital. ROI tracks 21.92% on current figures, and rental yield reads 8.03% at a $509,300 purchase. Equity gained on principal adds $3,286/yr, and 5% annual appreciation supports $140,710 over five years. Five-year ROI reaches 113.61% and total cumulative return in cash sums $190,368. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,406/mo property income instead of your personal income.
Single Family
Built in 2014
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98387, Spanaway, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,644 (100%) |
| Owner Occupied HU | 13,271 (75.2%) |
| Renter Occupied HU | 3,965 (22.5%) |
| Vacant Housing Units | 408 ( 2.3%) |
| Median Home Value | $526,528 |
| Average Home Value | $531,866 |
Housing Distribution
Address Breakdown
Residential
17,143
Single Family
16,837
Multi-Family
306
Businesses
643
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Listed by: N/A • N/A
Mls Name: John L Scott Real Estate
Mls ID: #2421014