715 Stevens StreetSteilacoomWA98388
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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
Investment Highlights
Investment property for sale in Steilacoom at 715 Stevens Street, Steilacoom, WA, 98388 listed at $494,950 pairs $2,930/mo rent with a $2,423/mo payment. Total monthly income runs $2,930/mo. Return on cash invested measures 19.57% in year one, and rental yield registers 7.1% at a $494,950 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,746 by year five. Five-year ROI tracks 100.84% and total cumulative return in cash totals $165,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,930/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98388, Steilacoom, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,923 (64.7%) |
| Renter Occupied HU | 926 (31.2%) |
| Vacant Housing Units | 123 ( 4.1%) |
| Median Home Value | $664,681 |
| Average Home Value | $722,841 |
Housing Distribution
Address Breakdown
Residential
2,850
Single Family
2,366
Multi-Family
484
Businesses
113
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Listed by: Jack Wheeler • Better Properties UP/Fircrest
Mls Name: NWMLS
Mls ID: #2424145