5717 213th Street ESpanawayWA98387
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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 Spanaway at 5717 213th Street E, Spanaway, WA, 98387 offers a 8.32% rental yield on a $420,000 purchase with $2,911/mo rent. Total monthly income registers $2,911/mo, and a $2,056/mo payment leaves $386/mo available for distribution. Annual cash flow reaches $4,632/yr on $139,230 to close, and return on cash invested stands at 23.24% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 120.43% and total cumulative return in cash at $167,671. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,911/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98387, Spanaway, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,644 (100%) |
| Owner Occupied HU | 13,271 (75.2%) |
| Renter Occupied HU | 3,965 (22.5%) |
| Vacant Housing Units | 408 ( 2.3%) |
| Median Home Value | $526,528 |
| Average Home Value | $531,866 |
Housing Distribution
Address Breakdown
Residential
17,143
Single Family
16,837
Multi-Family
306
Businesses
643
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Listed by: Ievgen Dimov • KW Lake Washington So
Mls Name: NWMLS
Mls ID: #2430076