The Westmont Plan, The Landing at Spanaway LakeSpanawayWA98387
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find The Westmont Plan, The Landing at Spanaway Lake, Spanaway, WA, 98387 in Spanaway aligned with their strategy. Rental yield 6.05%. DSCR 1.06 and 6.05% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $5,876/yr in paydown build toward a projected cumulative return of $208,239.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 5.8% |
| Monthly Cash Flow | $(682) | $1,250 |
City averages based on Spanaway market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,532 |
| Total Monthly Debt Service | $4,106 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98387, Spanaway, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,644 (100%) |
| Owner Occupied HU | 13,271 (75.2%) |
| Renter Occupied HU | 3,965 (22.5%) |
| Vacant Housing Units | 408 ( 2.3%) |
| Median Home Value | $526,528 |
| Average Home Value | $531,866 |
Housing Distribution
Address Breakdown
Residential
17,143
Single Family
16,837
Multi-Family
306
Businesses
643
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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