6504 109th Street EPuyallupWA98373
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6504 109th Street E, Puyallup, WA, 98373 in Puyallup speaks for itself: 10.07% gross on a $359,500 price, generating $3,017/mo in rent and $856/mo in net income after the $1,617/mo debt service. DSCR 1.87, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,269 stacks alongside $99,323 in projected five-year appreciation and $3,311/yr in principal reduction. Projected total cumulative return: $191,118.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.2% |
| Monthly Cash Flow | $856 | $850 |
City averages based on Puyallup market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,017 |
| Total Monthly Debt Service | $2,018 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98373, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,602 (100%) |
| Owner Occupied HU | 6,263 (59.1%) |
| Renter Occupied HU | 4,077 (38.5%) |
| Vacant Housing Units | 262 ( 2.5%) |
| Median Home Value | $600,208 |
| Average Home Value | $626,208 |
Housing Distribution
Address Breakdown
Residential
10,727
Single Family
7,743
Multi-Family
2,984
Businesses
1,144
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
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98373, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,602 (100%) |
| Owner Occupied HU | 6,263 (59.1%) |
| Renter Occupied HU | 4,077 (38.5%) |
| Vacant Housing Units | 262 ( 2.5%) |
| Median Home Value | $600,208 |
| Average Home Value | $626,208 |
Housing Distribution
Address Breakdown
Residential
10,727
Single Family
7,743
Multi-Family
2,984
Businesses
1,144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Potts • KW Mountains to Sound Realty
Mls Name: NWMLS
Mls ID: #2449222