836 S Harmon Way #73OrtingWA98360
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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 Orting at 836 S Harmon Way #73, Orting, WA, 98360 offers a 10.01% rental yield on a $269,900 purchase with $2,252/mo rent. Total monthly income registers $2,252/mo, and a $1,321/mo payment leaves $630/mo available for distribution. Annual cash flow reaches $7,555/yr on $89,472 to close, and return on cash invested stands at 28.35% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 147.9% and total cumulative return in cash at $132,330. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,252/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98360, Orting, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,173 (100%) |
| Owner Occupied HU | 4,410 (85.3%) |
| Renter Occupied HU | 628 (12.1%) |
| Vacant Housing Units | 135 ( 2.6%) |
| Median Home Value | $591,502 |
| Average Home Value | $621,952 |
Housing Distribution
Address Breakdown
Residential
4,315
Single Family
4,296
Multi-Family
19
Businesses
245
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Listed by: Michelle Wilson • Better Properties Eastside
Mls Name: NWMLS
Mls ID: #2461504