513 2nd Street SEPuyallupWA98372
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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 513 2nd Street SE, Puyallup, WA, 98372 listed at $437,000 pairs $2,258/mo rent with a $2,139/mo payment. Total monthly income runs $2,258/mo. Return on cash invested measures 16.85% in year one, and rental yield registers 6.2% at a $437,000 basis. Equity gained on principal adds $2,820/yr, and annual property appreciation at 5% supports $120,735 by year five. Five-year ROI tracks 86.24% and total cumulative return in cash totals $124,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,258/mo property income relative to a $2,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
5,601 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98372, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,391 (100%) |
| Owner Occupied HU | 6,392 (51.6%) |
| Renter Occupied HU | 5,161 (41.7%) |
| Vacant Housing Units | 838 ( 6.8%) |
| Median Home Value | $644,299 |
| Average Home Value | $669,977 |
Housing Distribution
Address Breakdown
Residential
10,777
Single Family
8,780
Multi-Family
1,997
Businesses
635
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Listed by: Jessica Taylor • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2402118