1027 E 47th StreetTacomaWA98404
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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 1027 E 47th Street, Tacoma, WA, 98404 generates $2,323/mo in rent, after a $4,151/mo payment. Total monthly income is $2,323/mo. Return on cash invested sits at 8.12% in year one, and rental yield is 3.29% on a $848,000 entry. Equity gained on principal adds $5,472/yr, while 5% annual appreciation builds toward $234,287 over five years. Five-year ROI reaches 39.39% and total cumulative return in cash sums $109,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,323/mo property income rather than buyer’s personal income.
Multi Family
Built in 1912
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98404, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,577 (100%) |
| Owner Occupied HU | 7,615 (60.5%) |
| Renter Occupied HU | 4,516 (35.9%) |
| Vacant Housing Units | 446 ( 3.5%) |
| Median Home Value | $493,245 |
| Average Home Value | $530,997 |
Housing Distribution
Address Breakdown
Residential
11,898
Single Family
10,846
Multi-Family
1,052
Businesses
328
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Listed by: Rachel Veary • 1 Percent Lists Tacoma
Mls Name: NWMLS
Mls ID: #2414509