Single-Family Rental Financing in Puyallup, WA

Single-Family Rental investing in Puyallup

Single-family rentals are the cleanest DSCR file you can write in Puyallup. One unit, one lease, one Form 1007 market rent schedule, and the deepest set of sale and rent comps in the Pierce County appraisal market. Detached stock also carries the longest average tenancies, which is what actually protects the ratio you close at.

At the Puyallup median of $550,000, a single-family rental prices near $550,000. Minimum down is 20% ($110,000), leaving a loan of $440,000. Estimated all-in PITIA runs about $3,700 per month.

Returns and structure

Return metrics at the Puyallup median for this product: an estimated cap rate of 3.58%, and monthly cash flow of $1,050 negative at 20% down. Negative cash flow at the minimum down payment is common in appreciation-led markets; investors close the gap with a larger down payment, a purchase below median, an added unit, or a rate buydown.