1402 Violet Meadow Street STacomaWA98444
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $100,000, 1402 Violet Meadow Street S, Tacoma, WA, 98444 in Tacoma generates $789/mo in rent (9.47% yield) but nets only $188/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.75) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $27,628. Total projected return: $49,949.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.2% |
| Monthly Cash Flow | $188 | $285 |
City averages based on Tacoma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $789 |
| Total Monthly Debt Service | $561 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
4,900 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
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
Single Family
Built in 1954
4,900 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: Jamie Girvin • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2471808