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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Spanaway at 609 166th Street Ct E UNIT 32, Spanaway, WA, 98387 earns $1,738/mo cash flow from $2,994/mo rent with a $1,023/mo payment. Total monthly income totals $2,994/mo, and annual cash flow totals $20,851/yr on $69,284 capital. ROI tracks 50% on current figures, and rental yield reads 17.19% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 264.03% and total cumulative return in cash sums $182,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,994/mo property income instead of your personal income.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98387, Spanaway, WA area.
| 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 |
Residential
17,143
Single Family
16,837
Multi-Family
306
Businesses
643
Date | Event | Price |
|---|---|---|
| 2024-10-12 | Price change | $209,000 |
| 2024-09-13 | Price change | $219,000 |
| 2024-08-16 | Price change | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brooke Ashley • PRO RLTYSRVCS Eastside
Mls Name: NWMLS
Mls Provider:
Mls ID: #2257620
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
