1040 S Geiger StreetTacomaWA98465
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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 1040 S Geiger Street, Tacoma, WA, 98465 earns $903/mo cash flow from $3,906/mo rent with a $2,445/mo payment. Total monthly income totals $3,906/mo, and annual cash flow totals $10,839/yr on $165,568 capital. ROI tracks 26.46% on current figures, and rental yield reads 9.38% at a $499,450 purchase. Equity gained on principal adds $3,223/yr, and 5% annual appreciation supports $137,989 over five years. Five-year ROI reaches 137.73% and total cumulative return in cash sums $228,039. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,906/mo property income instead of your personal income.
Single Family
Built in 1949
6,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98465, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,254 (100%) |
| Owner Occupied HU | 1,818 (42.7%) |
| Renter Occupied HU | 2,044 (48.0%) |
| Vacant Housing Units | 392 ( 9.2%) |
| Median Home Value | $647,666 |
| Average Home Value | $711,863 |
Housing Distribution
Address Breakdown
Residential
3,562
Single Family
1,953
Multi-Family
1,609
Businesses
91
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Listed by: Julie Pero • At Home WA Realty Group
Mls Name: NWMLS
Mls ID: #2437908