6627 146th Street SWLakewoodWA98439
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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
Rental property for sale in Lakewood at 6627 146th Street SW, Lakewood, WA, 98439 generates $1,830/mo in rent, after a $3,916/mo payment. Total monthly income is $1,830/mo. Return on cash invested sits at 6.48% in year one, and rental yield is 2.75% on a $799,995 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,024 over five years. Five-year ROI reaches 30.54% and total cumulative return in cash sums $80,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,830/mo property income rather than buyer’s personal income.
Multi Family
Built in 1977
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98439, Lakewood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,017 (100%) |
| Owner Occupied HU | 173 ( 8.6%) |
| Renter Occupied HU | 1,644 (81.5%) |
| Vacant Housing Units | 200 ( 9.9%) |
| Median Home Value | $278,906 |
| Average Home Value | $309,855 |
Housing Distribution
Address Breakdown
Residential
1,914
Single Family
1,391
Multi-Family
523
Businesses
12
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Listed by: Zachary Niehaus • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2423853