1010 N J Street #2TacomaWA98403
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
Investment property for sale in Tacoma at 1010 N J Street #2, Tacoma, WA, 98403 earns $81/mo cash flow from $2,185/mo rent with a $1,713/mo payment. Total monthly income totals $2,185/mo, and annual cash flow totals $974/yr on $116,023 capital. ROI tracks 20.75% on current figures, and rental yield reads 7.49% at a $349,995 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,697 over five years. Five-year ROI reaches 107.14% and total cumulative return in cash sums $124,308. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,185/mo property income instead of your personal income.
Condo
Built in 1977
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abbey Beal • Redfin
Mls Name: NWMLS
Mls ID: #2443670