8102 Oakridge Dr SWLakewoodWA98498
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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 8102 Oakridge Dr SW, Lakewood, WA, 98498 with 5% annual appreciation on a $350,600 basis while $2,860/mo rent supports operations. Total monthly income totals $2,860/mo and a $1,716/mo payment preserves $651/mo for cash returns. Annual cash flow comes to $7,806/yr on $116,224 deployed, and return on cash invested reaches 26.63% in year one. Equity gained on principal adds $2,262/yr, and five-year appreciation sums $96,864 alongside rental yield of 9.79%. Five-year ROI measures 139.02% and total cumulative return in cash totals $161,578.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,860/mo property income versus a $1,716/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
8,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98498, Lakewood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,521 (100%) |
| Owner Occupied HU | 7,489 (59.8%) |
| Renter Occupied HU | 4,484 (35.8%) |
| Vacant Housing Units | 548 ( 4.4%) |
| Median Home Value | $574,433 |
| Average Home Value | $644,712 |
Housing Distribution
Address Breakdown
Residential
12,172
Single Family
10,007
Multi-Family
2,165
Businesses
238
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