1109 S 14th StreetTacomaWA98405
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 1109 S 14th Street, Tacoma, WA, 98405 offers a 9.56% rental yield on a $439,950 purchase with $3,504/mo rent. Total monthly income registers $3,504/mo, and a $2,153/mo payment leaves $860/mo available for distribution. Annual cash flow reaches $10,317/yr on $145,843 to close, and return on cash invested stands at 26.98% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,550 over five years. Portfolio math shows five-year ROI at 140.55% and total cumulative return in cash at $204,978. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,504/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
2,151 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98405, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,817 (100%) |
| Owner Occupied HU | 4,859 (37.9%) |
| Renter Occupied HU | 7,052 (55.0%) |
| Vacant Housing Units | 906 ( 7.1%) |
| Median Home Value | $552,735 |
| Average Home Value | $608,483 |
Housing Distribution
Address Breakdown
Residential
11,258
Single Family
7,589
Multi-Family
3,669
Businesses
720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meghan Lemoncelli • Keller Williams Realty
Mls Name: NWMLS
Mls ID: #2457261