1206 E 30thTacomaWA98404
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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 1206 E 30th, Tacoma, WA, 98404 uses $174,189 cash to close to unlock $2,949/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $3,428/mo, and a $2,591/mo payment keeps the spread at $246/mo. Purchase price stands at $529,450, and rental yield measures 7.77% with $3,428/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $146,277 over five years. Five-year ROI reaches 112.47% and total cumulative return in cash records $195,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,428/mo property income covering a $2,591/mo payment rather than investor’s personal income.
Single Family
Built in 1905
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98404, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,577 (100%) |
| Owner Occupied HU | 7,615 (60.5%) |
| Renter Occupied HU | 4,516 (35.9%) |
| Vacant Housing Units | 446 ( 3.5%) |
| Median Home Value | $493,245 |
| Average Home Value | $530,997 |
Housing Distribution
Address Breakdown
Residential
11,898
Single Family
10,846
Multi-Family
1,052
Businesses
328
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Listed by: Lorraine J Parker • eXp Realty
Mls Name: NWMLS
Mls ID: #2409682