2419 S Meridian #13PuyallupWA98373
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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 Puyallup at 2419 S Meridian #13, Puyallup, WA, 98373 earns $750/mo cash flow from $2,854/mo rent with a $1,713/mo payment. Total monthly income totals $2,854/mo, and annual cash flow totals $9,002/yr on $116,022 capital. ROI tracks 27.67% on current figures, and rental yield reads 9.79% at a $349,990 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,696 over five years. Five-year ROI reaches 144.24% and total cumulative return in cash sums $167,351. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,854/mo property income instead of your personal income.
Townhouse
Built in 2001
4,456 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98373, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,602 (100%) |
| Owner Occupied HU | 6,263 (59.1%) |
| Renter Occupied HU | 4,077 (38.5%) |
| Vacant Housing Units | 262 ( 2.5%) |
| Median Home Value | $600,208 |
| Average Home Value | $626,208 |
Housing Distribution
Address Breakdown
Residential
10,727
Single Family
7,743
Multi-Family
2,984
Businesses
1,144
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Listed by: Isatou Ceesay • CENTURY 21 Real Estate Center
Mls Name: NWMLS
Mls ID: #2460236