1122 N Skyline DriveTacomaWA98406
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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 1122 N Skyline Drive, Tacoma, WA, 98406 listed at $698,000 pairs $3,448/mo rent with a $3,416/mo payment. Total monthly income runs $3,448/mo. Return on cash invested measures 16.15% in year one, and rental yield registers 5.93% at a $698,000 basis. Equity gained on principal adds $4,504/yr, and annual property appreciation at 5% supports $192,845 by year five. Five-year ROI tracks 82.45% and total cumulative return in cash totals $189,336. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,448/mo property income relative to a $3,416/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98406, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,187 (100%) |
| Owner Occupied HU | 6,113 (60.0%) |
| Renter Occupied HU | 3,593 (35.3%) |
| Vacant Housing Units | 481 ( 4.7%) |
| Median Home Value | $642,109 |
| Average Home Value | $673,204 |
Housing Distribution
Address Breakdown
Residential
10,184
Single Family
7,544
Multi-Family
2,640
Businesses
464
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Listed by: Katie Jones • Windermere Abode
Mls Name: NWMLS
Mls ID: #2435603