1013 S 48th StreetTacomaWA98408
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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
Investment property for sale in Tacoma at 1013 S 48th Street, Tacoma, WA, 98408 listed at $374,950 pairs $2,665/mo rent with a $1,835/mo payment to leave $411/mo cash flow. Total monthly income runs $2,665/mo, and annual cash flow reaches $4,936/yr on $124,296 cash to close. Return on cash invested measures 23.88% in year one, and rental yield registers 8.53% at a $374,950 basis. Equity gained on principal adds $2,419/yr, and annual property appreciation at 5% supports $103,592 by year five. Five-year ROI tracks 123.92% and total cumulative return in cash totals $154,031. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,665/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98408, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,086 (100%) |
| Owner Occupied HU | 5,364 (66.3%) |
| Renter Occupied HU | 2,429 (30.0%) |
| Vacant Housing Units | 293 ( 3.6%) |
| Median Home Value | $509,715 |
| Average Home Value | $551,139 |
Housing Distribution
Address Breakdown
Residential
7,710
Single Family
6,912
Multi-Family
798
Businesses
325
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Listed by: Efrem Howard • KW Lake Washington So
Mls Name: NWMLS
Mls ID: #2447204