6702 120th Street EPuyallupWA98373
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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 6702 120th Street E, Puyallup, WA, 98373 uses $180,950 cash to close to unlock $1,510/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $3,432/mo, and a $2,692/mo payment keeps the spread at $126/mo. Purchase price stands at $549,999, and rental yield measures 7.49% with $3,432/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 107.85% and total cumulative return in cash records $195,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,432/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.33 Acres 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
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Listed by: Lisa Corelli • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2392323