7506 Dean St WLakewoodWA98499
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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 Lakewood at 7506 Dean St W, Lakewood, WA, 98499 with 5% annual appreciation on a $425,000 basis while $2,928/mo rent supports operations. Total monthly income totals $2,928/mo and a $2,080/mo payment preserves $373/mo for cash returns. Annual cash flow comes to $4,481/yr on $140,888 deployed, and return on cash invested reaches 23.09% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 8.27%. Five-year ROI measures 119.67% and total cumulative return in cash totals $168,605.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,928/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98499, Lakewood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,378 (100%) |
| Owner Occupied HU | 5,198 (36.2%) |
| Renter Occupied HU | 8,456 (58.8%) |
| Vacant Housing Units | 724 ( 5.0%) |
| Median Home Value | $506,163 |
| Average Home Value | $545,017 |
Housing Distribution
Address Breakdown
Residential
13,307
Single Family
9,776
Multi-Family
3,531
Businesses
1,644
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Listed by: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A