717 16th Street SWPuyallupWA98371
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
Investment Highlights
Investment property for sale in Puyallup at 717 16th Street SW, Puyallup, WA, 98371 uses $180,950 cash to close to unlock $4,306/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $3,665/mo, and a $2,692/mo payment keeps the spread at $359/mo. Purchase price stands at $550,000, and rental yield measures 8% with $3,665/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 116.14% and total cumulative return in cash records $210,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,665/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98371, Puyallup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,873 (100%) |
| Owner Occupied HU | 6,958 (70.5%) |
| Renter Occupied HU | 2,418 (24.5%) |
| Vacant Housing Units | 497 ( 5.0%) |
| Median Home Value | $616,785 |
| Average Home Value | $636,899 |
Housing Distribution
Address Breakdown
Residential
10,501
Single Family
9,516
Multi-Family
985
Businesses
895
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Listed by: Janet Nelson • FirstPoint Real Estate LLC
Mls Name: NWMLS
Mls ID: #2405546