14124 6th Avenue ETACOMAWA98445
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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
Rental property for sale in TACOMA at 14124 6th Avenue E, TACOMA, WA, 98445 generates $3,107/mo in rent, after a $2,679/mo payment. Total monthly income is $3,107/mo. Return on cash invested sits at 18.84% in year one, and rental yield is 6.81% on a $547,450 entry. Equity gained on principal adds $3,533/yr, while 5% annual appreciation builds toward $151,250 over five years. Five-year ROI reaches 96.83% and total cumulative return in cash sums $174,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,107/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98445, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,846 (100%) |
| Owner Occupied HU | 8,360 (65.1%) |
| Renter Occupied HU | 4,046 (31.5%) |
| Vacant Housing Units | 440 ( 3.4%) |
| Median Home Value | $501,412 |
| Average Home Value | $537,717 |
Housing Distribution
Address Breakdown
Residential
11,723
Single Family
10,782
Multi-Family
941
Businesses
231
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Listed by: Robert Norton • Realty One Group Orca
Mls Name: NWMLS
Mls ID: #2437459