7024 141st Avenue ESumnerWA98390
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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 Sumner at 7024 141st Avenue E, Sumner, WA, 98390 uses $107,738 cash to close to unlock $8,533/yr annual cash flow and $711/mo monthly cash flow. Total monthly income runs $2,665/mo, and a $1,591/mo payment keeps the spread at $711/mo. Purchase price stands at $325,000, and rental yield measures 9.84% with $2,665/mo rent. Return on cash invested shows 27.83% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 145.12% and total cumulative return in cash records $156,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,665/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
4,299 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98390, Sumner, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,161 (100%) |
| Owner Occupied HU | 2,807 (54.4%) |
| Renter Occupied HU | 2,152 (41.7%) |
| Vacant Housing Units | 202 ( 3.9%) |
| Median Home Value | $596,064 |
| Average Home Value | $614,723 |
Housing Distribution
Address Breakdown
Residential
4,858
Single Family
4,313
Multi-Family
545
Businesses
961
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Listed by: Taylor Wolcott • CENTURY 21 North Homes Realty
Mls Name: NWMLS
Mls ID: #2415373