3803 17th Street SW #302PuyallupWA98373
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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 3803 17th Street SW #302, Puyallup, WA, 98373 uses $49,692 cash to close to unlock $3,427/yr annual cash flow and $286/mo monthly cash flow. Total monthly income runs $1,187/mo, and a $734/mo payment keeps the spread at $286/mo. Purchase price stands at $149,900, and rental yield measures 9.5% with $1,187/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 139.65% and total cumulative return in cash records $69,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,187/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A 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: Betty L Bailey • Group 7 Inc., Real Estate Serv
Mls Name: NWMLS
Mls ID: #2436219