334 9th Avenue SE #C11PuyallupWA98373
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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
Rental property for sale in Puyallup at 334 9th Avenue SE #C11, Puyallup, WA, 98373 generates $3,194/mo in rent and, after a $2,046/mo payment, leaves $681/mo in cash flow. Total monthly income is $3,194/mo, and annual cash flow is $8,175/yr on $138,567 invested. Return on cash invested sits at 25.81% in year one, and rental yield is 9.17% on a $418,000 entry. Equity gained on principal adds $2,697/yr, while 5% annual appreciation builds toward $115,486 over five years. Five-year ROI reaches 134.26% and total cumulative return in cash sums $186,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,194/mo property income rather than buyer’s personal income.
Condo
Built in 2022
3,371 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: Kayla LaRance • Terrafin
Mls Name: NWMLS
Mls ID: #2411083