135 117th Street STacomaWA98444
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
Rental property for sale in Tacoma at 135 117th Street S, Tacoma, WA, 98444 generates $3,204/mo in rent and, after a $2,325/mo payment, leaves $349/mo in cash flow. Total monthly income is $3,204/mo, and annual cash flow is $4,183/yr on $157,463 invested. Return on cash invested sits at 22.57% in year one, and rental yield is 8.09% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 116.85% and total cumulative return in cash sums $184,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,204/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
7,501 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jaime Carroll • Windermere Real Estate/PSR Inc
Mls Name: NWMLS
Mls ID: #2457617