6307 111th Avenue EPuyallupWA98372
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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 Puyallup at 6307 111th Avenue E, Puyallup, WA, 98372 offers a 11.06% rental yield on a $300,000 purchase with $2,765/mo rent. Total monthly income registers $2,765/mo, and a $1,468/mo payment leaves $962/mo available for distribution. Annual cash flow reaches $11,544/yr on $99,450 to close, and return on cash invested stands at 31.52% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 164.85% and total cumulative return in cash at $163,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,765/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
4,939 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: Jaime E. Stenwick • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2421071