315 6th Avenue NWPuyallupWA98371
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 315 6th Avenue NW, Puyallup, WA, 98371 earns $180/mo cash flow from $3,119/mo rent with a $2,393/mo payment. Total monthly income totals $3,119/mo, and annual cash flow totals $2,159/yr on $162,104 capital. ROI tracks 21.24% on current figures, and rental yield reads 7.65% at a $489,000 purchase. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 over five years. Five-year ROI reaches 109.74% and total cumulative return in cash sums $177,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,119/mo property income instead of your personal income.
Single Family
Built in 1908
5,174 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98371, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,873 (100%) |
| Owner Occupied HU | 6,958 (70.5%) |
| Renter Occupied HU | 2,418 (24.5%) |
| Vacant Housing Units | 497 ( 5.0%) |
| Median Home Value | $616,785 |
| Average Home Value | $636,899 |
Housing Distribution
Address Breakdown
Residential
10,501
Single Family
9,516
Multi-Family
985
Businesses
895
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Nearby investment properties with comparable prices
Listed by: Erik Olsen • Keller Williams Rlty Bellevue
Mls Name: NWMLS
Mls ID: #2423747