1306 E 32nd 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 1306 E 32nd Street, Tacoma, WA, 98404 offers a 7.47% rental yield on a $624,900 purchase with $3,890/mo rent. Total monthly income registers $3,890/mo, and a $3,059/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,598/yr on $205,592 to close, and return on cash invested stands at 20.84% in year one. Equity gained on principal adds $4,032/yr while 5% annual appreciation supports $172,648 over five years. Portfolio math shows five-year ROI at 107.57% and total cumulative return in cash at $221,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,890/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1909
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: Tania Lopez • Engel & Voelkers North Tacoma
Mls Name: NWMLS
Mls ID: #2385401