8113 Custer Rd. SW #E-5LakewoodWA98499
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 8113 Custer Rd. SW #E-5, Lakewood, WA, 98499 in Lakewood. At $337,500 it earns $2,238/mo in rent and distributes $209/mo to the owner after the $1,518/mo payment, a consistent 7.96% yield. DSCR 1.47 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $93,245 in value; $3,108/yr in principal paydown compounds ownership stake. Total projected return: $141,186.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $209 | $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 | $2,238 |
| Total Monthly Debt Service | $1,894 |
| DSCR Ratio | 1.18x |
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.
Condo
Built in 2006
3,502 sqft 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
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
Condo
Built in 2006
3,502 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael R. Harbert • Washington
Mls Name: NWMLS
Mls ID: #2455684