96 Kim CourtSteilacoomWA98388
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
Investment Highlights
Rental property for sale in Steilacoom at 96 Kim Court, Steilacoom, WA, 98388 priced at $878,900 converts $4,106/mo rent into after a $4,302/mo obligation. Total monthly income equals $4,106/mo. Return on cash invested prints 15.17% in year one, and rental yield reads 5.61% against a $878,900 entry. Equity gained on principal adds $5,671/yr, while 5% annual appreciation compiles into $242,824 by year five. Five-year ROI reaches 77.18% and total cumulative return in cash sums $223,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,106/mo property income covering a $4,302/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.38 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 98388, Steilacoom, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,923 (64.7%) |
| Renter Occupied HU | 926 (31.2%) |
| Vacant Housing Units | 123 ( 4.1%) |
| Median Home Value | $664,681 |
| Average Home Value | $722,841 |
Housing Distribution
Address Breakdown
Residential
2,850
Single Family
2,366
Multi-Family
484
Businesses
113
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Sold | $878,900 |
| 2025-07-16 | Pending sale | $915,000 |
| 2025-06-13 | Listed for sale | $915,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $6685.76 | 8.21% | $789,100 | 10.01% |
| 2023-10-25 | $6178.23 | -0.50% | $717,300 | -1.25% |
| 2022-10-25 | $6209.11 | 2.60% | $726,400 | 19.14% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1977
- Architectural Style: N/A
- Building Area: 2,309
- Living Area: 2,309 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Fireplace, Forced Air, Heat Pump, Electric, Natural Gas, Wood
- Cooling: Forced Air, Heat Pump
- Flooring: Vinyl Plank, Carpet
- Interior Features: Bath Off Primary, Ceiling Fan(s), Dining Room
- Exterior Features: N/A
- Parking Features: Driveway, Attached Garage
Location
- City: Steilacoom
- State: WA
- Subdivision: Madrona Park
- Lot Size: 0.38 Acres
- Lot Features: Adjacent to Public Land, Cul-De-Sac, Dead End Street, Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, Sprinkler System
- View: Bay, Mountain(s), Sound, Territorial
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Xfinity
- Sewer: Sewer Connected, Company: City of Steilacoom
- Water Source: Public, Company: City of Steilacoom
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Phil Mondau • Mondau Real Estate
Mls Name: NWMLS
Mls Provider:
Mls ID: #2392289
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 22:34:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)