1111 N K Street #104TacomaWA98403
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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 1111 N K Street #104, Tacoma, WA, 98403 listed at $260,000 pairs $1,825/mo rent with a $1,273/mo payment to leave $262/mo cash flow. Total monthly income runs $1,825/mo, and annual cash flow reaches $3,140/yr on $86,190 cash to close. Return on cash invested measures 23.55% in year one, and rental yield registers 8.42% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 122.15% and total cumulative return in cash totals $105,281. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,825/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1963
714.38 sqft 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
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Listed by: Dorthea June Hoagland • eXp Realty
Mls Name: NWMLS
Mls ID: #2459167