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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Steilacoom at 2812 Garden Court #D, Steilacoom, WA, 98388 at $355,000 posts ROI 18.71% with from $2,452/mo rent. Total monthly income equals $2,452/mo. Return on cash invested measures 18.71% and rental yield reads 8.29% at the current $355,000. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 by year five. Five-year ROI prints 97.82% and total cumulative return in cash totals $115,116. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,452/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1972
N/A lot
$N/A/sqft
$435 monthly HOA
Neighborhood data shown for ZIP Code: 98388, Steilacoom, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,923 (64.7%) |
| Renter Occupied HU | 926 (31.2%) |
| Vacant Housing Units | 123 ( 4.1%) |
| Median Home Value | $664,681 |
| Average Home Value | $722,841 |
Residential
2,850
Single Family
2,366
Multi-Family
484
Businesses
113
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Sold | $355,000 |
| 2025-05-28 | Pending sale | $359,000 |
| 2025-05-24 | Contingent | $359,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $2221.78 | -2.32% | $261,300 | -0.72% |
| 2023-10-27 | $2274.45 | 5.38% | $263,200 | 4.61% |
| 2022-10-27 | $2158.33 | 11.34% | $251,600 | 29.36% |
Listed by: Paula Price • Coldwell Banker Bain
Mls Name: NWMLS
Mls Provider:
Mls ID: #2342132
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 05:29:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
