502 17th Avenue SWPuyallupWA98371
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 502 17th Avenue SW, Puyallup, WA, 98371 offers a 11.24% rental yield on a $469,000 purchase with $4,392/mo rent. Total monthly income registers $4,392/mo, and a $2,296/mo payment leaves $1,572/mo available for distribution. Annual cash flow reaches $18,867/yr on $155,474 to close, and return on cash invested stands at 32.04% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Portfolio math shows five-year ROI at 167.7% and total cumulative return in cash at $260,731. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,392/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.31 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charity Alyce Hill • eXp Realty
Mls Name: NWMLS
Mls ID: #2463112