1230 E 59th StreetTacomaWA98404
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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 1230 E 59th Street, Tacoma, WA, 98404 uses $132,600 cash to close to unlock $9,712/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $3,214/mo, and a $1,958/mo payment keeps the spread at $809/mo. Purchase price stands at $400,000, and rental yield measures 9.64% with $3,214/mo rent. Return on cash invested shows 27.23% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 141.89% and total cumulative return in cash records $188,152. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,214/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1969
5,998 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1969
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Driveway
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Ara Hakobyan • Ara Realty
Mls Name: NWMLS
Mls ID: #2461581