7110 146th Street SW #35LakewoodWA98439
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 7110 146th Street SW #35, Lakewood, WA, 98439 in Lakewood is straightforward: $130,000 in, $1,006/mo in rent, $225/mo out after debt service. The 9.29% gross yield and 1.72 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $35,917 by year five. With $1,197/yr in principal equity, the total cumulative return is projected at $63,617.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $225 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,006 |
| Total Monthly Debt Service | $730 |
| DSCR Ratio | 1.38x |
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.
Manufactured
Built in 1982
N/A 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
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
Manufactured
Built in 1982
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelley Propernick • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2472729