2016 96th Avenue Ct E #19EdgewoodWA98371
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2016 96th Avenue Ct E #19, Edgewood, WA, 98371 in Edgewood. Rental yield 5.42%. At $949,900 with 5.42% gross yield, current distributions are modest, but the 5% appreciation rate projects $262,440 in new equity by year five, complemented by $8,749/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.00) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $268,122.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 6.2% |
| Monthly Cash Flow | $(1,484) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,290 |
| Total Monthly Debt Service | $5,332 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2026
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98371, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,873 (100%) |
| Owner Occupied HU | 6,958 (70.5%) |
| Renter Occupied HU | 2,418 (24.5%) |
| Vacant Housing Units | 497 ( 5.0%) |
| Median Home Value | $616,785 |
| Average Home Value | $636,899 |
Housing Distribution
Address Breakdown
Residential
10,501
Single Family
9,516
Multi-Family
985
Businesses
895
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 2026
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98371, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,873 (100%) |
| Owner Occupied HU | 6,958 (70.5%) |
| Renter Occupied HU | 2,418 (24.5%) |
| Vacant Housing Units | 497 ( 5.0%) |
| Median Home Value | $616,785 |
| Average Home Value | $636,899 |
Housing Distribution
Address Breakdown
Residential
10,501
Single Family
9,516
Multi-Family
985
Businesses
895
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: #2499324