1111 S Villard Street #C-15TacomaWA98465
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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 S Villard Street #C-15, Tacoma, WA, 98465 uses $109,395 cash to close to unlock $7,038/yr annual cash flow and $587/mo monthly cash flow. Total monthly income runs $2,570/mo, and a $1,615/mo payment keeps the spread at $587/mo. Purchase price stands at $330,000, and rental yield measures 9.35% with $2,570/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 137.12% and total cumulative return in cash records $149,999. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,570/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Condo
Built in 1990
2,021 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: Carolyn Anderson-Graham • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2433899