2205 S MeridianPuyallupWA98372
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
Investment Highlights
Investment property for sale in Puyallup at 2205 S Meridian, Puyallup, WA, 98372 earns $1,756/mo cash flow from $6,114/mo rent with a $3,548/mo payment. Total monthly income totals $6,114/mo, and annual cash flow totals $21,078/yr on $238,509 capital. ROI tracks 28.9% on current figures, and rental yield reads 10.12% at a $724,950 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,290 over five years. Five-year ROI reaches 150.78% and total cumulative return in cash sums $359,617. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,114/mo property income instead of your personal income.
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98372, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,391 (100%) |
| Owner Occupied HU | 6,392 (51.6%) |
| Renter Occupied HU | 5,161 (41.7%) |
| Vacant Housing Units | 838 ( 6.8%) |
| Median Home Value | $644,299 |
| Average Home Value | $669,977 |
Housing Distribution
Address Breakdown
Residential
10,777
Single Family
8,780
Multi-Family
1,997
Businesses
635
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Listed by: Ronald Dudley • Theory Real Estate
Mls Name: NWMLS
Mls ID: #2438880