8806 60th Avenue E #76PuyallupWA98371
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow8806 60th Avenue E #76, Puyallup, WA, 98371 in Puyallup earns its strong cash-flow label: 11.14% yield, $2,785/mo rent, $982/mo net income, DSCR 2.06. The $299,950 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $82,871 by year five. Combined with $2,763/yr in principal paydown, total projected return reaches $176,724.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.2% |
| Monthly Cash Flow | $982 | $850 |
City averages based on Puyallup market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,785 |
| Total Monthly Debt Service | $1,684 |
| DSCR Ratio | 1.65x |
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.
Manufactured
Built in 1998
N/A 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
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
Manufactured
Built in 1998
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dick A Boyle • Terrafin
Mls Name: NWMLS
Mls ID: #2421173