6215 189th Avenue Ct E, Lake Tapps, WA, 98391 | $115/mo Cash Flow

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

Investment property for sale in Lake Tapps at 6215 189th Avenue Ct E, Lake Tapps, WA, 98391 uses $180,934 cash to close to unlock $1,379/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $3,421/mo, and a $2,692/mo payment keeps the spread at $115/mo. Purchase price stands at $549,950, and rental yield measures 7.46% with $3,421/mo rent. Return on cash invested shows 20.82% in year one, and 5% annual appreciation builds toward $151,941 over five years. Five-year ROI reaches 107.47% and total cumulative return in cash records $194,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,421/mo property income covering a $2,692/mo payment rather than investor’s personal income.

Single Family

Built in 1974

8,398 sqft lot

$N/A/sqft

No HOA