1208 111th Street S #A-BTacomaWA98444
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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
Rental property for sale in Tacoma at 1208 111th Street S #A-B, Tacoma, WA, 98444 generates $2,960/mo in rent and, after a $2,374/mo payment, leaves $44/mo in cash flow. Total monthly income is $2,960/mo, and annual cash flow is $534/yr on $160,761 invested. Return on cash invested sits at 20.24% in year one, and rental yield is 7.32% on a $484,950 entry. Equity gained on principal adds $3,129/yr, while 5% annual appreciation builds toward $133,983 over five years. Five-year ROI reaches 104.41% and total cumulative return in cash sums $167,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,960/mo property income rather than buyer’s personal income.
Multi Family
Built in 1977
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98444, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,215 (100%) |
| Owner Occupied HU | 5,967 (42.0%) |
| Renter Occupied HU | 7,620 (53.6%) |
| Vacant Housing Units | 628 ( 4.4%) |
| Median Home Value | $454,879 |
| Average Home Value | $484,650 |
Housing Distribution
Address Breakdown
Residential
13,666
Single Family
9,532
Multi-Family
4,134
Businesses
756
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Listed by: Berklee Olson • eXp Realty
Mls Name: NWMLS
Mls ID: #2465841