11221 40th Avenue ETacomaWA98446
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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 11221 40th Avenue E, Tacoma, WA, 98446 offers a 4.54% rental yield on a $549,950 purchase with $2,080/mo rent. 93% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,941 over five years. Portfolio math shows five-year ROI at 59.77% and total cumulative return in cash at $108,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,080/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1986
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98446, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,985 (100%) |
| Owner Occupied HU | 3,206 (64.3%) |
| Renter Occupied HU | 1,631 (32.7%) |
| Vacant Housing Units | 148 ( 3.0%) |
| Median Home Value | $549,058 |
| Average Home Value | $595,935 |
Housing Distribution
Address Breakdown
Residential
5,093
Single Family
4,304
Multi-Family
789
Businesses
110
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Listed by: Bryce H Beard • eXp Realty
Mls Name: NWMLS
Mls ID: #2460215