








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Spanaway at 20512 10th Avenue E #44, Spanaway, WA, 98387 listed at $129,000 pairs $977/mo rent with a $631/mo payment to leave $202/mo cash flow. Total monthly income runs $977/mo, and annual cash flow reaches $2,423/yr on $42,764 cash to close. Return on cash invested measures 25.58% in year one, and rental yield registers 9.09% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 132.98% and total cumulative return in cash totals $56,869. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $977/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98387, Spanaway, WA area.
| 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 |
Residential
17,143
Single Family
16,837
Multi-Family
306
Businesses
643
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kim Fillo • ENRG Realty
Mls Name: NWMLS
Mls ID: #2434911