222 175th Street ESpanawayWA98387
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 Spanaway at 222 175th Street E, Spanaway, WA, 98387 earns from $2,657/mo rent with a $2,202/mo payment. Total monthly income totals $2,657/mo. ROI tracks 19.53% on current figures, and rental yield reads 7.09% at a $449,950 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,313 over five years. Five-year ROI reaches 100.57% and total cumulative return in cash sums $150,002. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,657/mo property income instead of your personal income.
Single Family
Built in 1968
0.36 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shane Lewandowski • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2463971