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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lakewood at 9066 Eagle Point Loop Road SW, Lakewood, WA, 98498 generates $3,172/mo in rent, after a $4,772/mo payment. Total monthly income is $3,172/mo. Return on cash invested sits at 10% in year one, and rental yield is 3.9% on a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 49.45% and total cumulative return in cash sums $158,631. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,172/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
8,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98498, Lakewood, WA area.
| 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 |
Residential
12,172
Single Family
10,007
Multi-Family
2,165
Businesses
238
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Justin Munson • Better Properties N. Proctor
Mls Name: NWMLS
Mls ID: #2422227
