1 N Stadium Way #13TacomaWA98403
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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
Investment Highlights
Rental property for sale in Tacoma at 1 N Stadium Way #13, Tacoma, WA, 98403 priced at $1,475,000 converts $2,874/mo rent into after a $7,219/mo obligation. Total monthly income equals $2,874/mo. Return on cash invested prints 5.32% in year one, and rental yield reads 2.34% against a $1,475,000 entry. Equity gained on principal adds $9,518/yr, while 5% annual appreciation compiles into $407,515 by year five. Five-year ROI reaches 24.29% and total cumulative return in cash sums $116,074. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $7,219/mo payment, not borrower’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98403, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,772 (100%) |
| Owner Occupied HU | 1,810 (37.9%) |
| Renter Occupied HU | 2,607 (54.6%) |
| Vacant Housing Units | 355 ( 7.4%) |
| Median Home Value | $832,367 |
| Average Home Value | $908,461 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
2,154
Multi-Family
2,233
Businesses
189
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Listed by: Elaine Hilton • Better Properties Sterling
Mls Name: NWMLS
Mls ID: #2434423