1114 124th Street Ct ETacomaWA98445
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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 1114 124th Street Ct E, Tacoma, WA, 98445 earns $158/mo cash flow from $3,217/mo rent with a $2,491/mo payment. Total monthly income totals $3,217/mo, and annual cash flow totals $1,891/yr on $167,461 capital. ROI tracks 21.19% on current figures, and rental yield reads 7.58% at a $509,000 purchase. Equity gained on principal adds $3,285/yr, and 5% annual appreciation supports $140,627 over five years. Five-year ROI reaches 109.45% and total cumulative return in cash sums $183,289. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,217/mo property income instead of your personal income.
Single Family
Built in 1996
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98445, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,846 (100%) |
| Owner Occupied HU | 8,360 (65.1%) |
| Renter Occupied HU | 4,046 (31.5%) |
| Vacant Housing Units | 440 ( 3.4%) |
| Median Home Value | $501,412 |
| Average Home Value | $537,717 |
Housing Distribution
Address Breakdown
Residential
11,723
Single Family
10,782
Multi-Family
941
Businesses
231
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Listed by: John Malich • Gig Harbor Real Estate
Mls Name: NWMLS
Mls ID: #2431680