1128 123rd 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 1128 123rd Street Ct E, Tacoma, WA, 98445 offers a 7.64% rental yield on a $499,950 purchase with $3,184/mo rent. Total monthly income registers $3,184/mo, and a $2,447/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,145/yr on $165,733 to close, and return on cash invested stands at 21.2% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,127 over five years. Portfolio math shows five-year ROI at 109.54% and total cumulative return in cash at $181,552. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,184/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
9,618 sqft 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: Daniel W. Dodge • All Real Estate Solution
Mls Name: NWMLS
Mls ID: #2456760