1215 N 10Th StreetTacomaWA98403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1215 N 10Th Street, Tacoma, WA, 98403 listed at $589,900 pairs $3,946/mo rent with a $2,887/mo payment to leave $400/mo cash flow. Total monthly income runs $3,946/mo, and annual cash flow reaches $4,803/yr on $194,077 cash to close. Return on cash invested measures 22.54% in year one, and rental yield registers 8.03% at a $589,900 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $162,978 by year five. Five-year ROI tracks 116.67% and total cumulative return in cash totals $226,425. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,946/mo property income relative to a $2,887/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1892
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98403, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,772 (100%) |
| Owner Occupied HU | 1,810 (37.9%) |
| Renter Occupied HU | 2,607 (54.6%) |
| Vacant Housing Units | 355 ( 7.4%) |
| Median Home Value | $832,367 |
| Average Home Value | $908,461 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
2,154
Multi-Family
2,233
Businesses
189
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Anderson • Blue Summit Realty LLC
Mls Name: NWMLS
Mls ID: #2401967