6018 190th Avenue Ct E, Lake Tapps, WA, 98391 | 6.36% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lake Tapps at 6018 190th Avenue Ct E, Lake Tapps, WA, 98391 generates $3,445/mo in rent, after a $3,181/mo payment. Total monthly income is $3,445/mo. Return on cash invested sits at 17.47% in year one, and rental yield is 6.36% on a $649,999 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 89.5% and total cumulative return in cash sums $191,401. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,445/mo property income rather than buyer’s personal income.

Single Family

Built in 1976

8,603 sqft lot

$N/A/sqft

No HOA