6323 100 Street SWLakewoodWA98499
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lakewood at 6323 100 Street SW, Lakewood, WA, 98499 listed at $580,000 pairs $3,611/mo rent with a $2,839/mo payment to leave $124/mo cash flow. Total monthly income runs $3,611/mo, and annual cash flow reaches $1,492/yr on $190,820 cash to close. Return on cash invested measures 20.84% in year one, and rental yield registers 7.47% at a $580,000 basis. Equity gained on principal adds $3,743/yr, and annual property appreciation at 5% supports $160,243 by year five. Five-year ROI tracks 107.59% and total cumulative return in cash totals $205,305. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,611/mo property income relative to a $2,839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
7,758 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98499, Lakewood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,378 (100%) |
| Owner Occupied HU | 5,198 (36.2%) |
| Renter Occupied HU | 8,456 (58.8%) |
| Vacant Housing Units | 724 ( 5.0%) |
| Median Home Value | $506,163 |
| Average Home Value | $545,017 |
Housing Distribution
Address Breakdown
Residential
13,307
Single Family
9,776
Multi-Family
3,531
Businesses
1,644
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sun Park • Better Properties N. Proctor
Mls Name: NWMLS
Mls ID: #2457912