3413 99th Avenue EEdgewoodWA98371
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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 Edgewood at 3413 99th Avenue E, Edgewood, WA, 98371 generates $2,509/mo in rent and, after a $1,713/mo payment, leaves $405/mo in cash flow. Total monthly income is $2,509/mo, and annual cash flow is $4,862/yr on $116,025 invested. Return on cash invested sits at 24.1% in year one, and rental yield is 8.6% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 125.12% and total cumulative return in cash sums $145,166. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,509/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A 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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Listed by: Mantille Snow • Realty One Group Orca
Mls Name: NWMLS
Mls ID: #2446883