1415 156th Street Ct 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
Investment property for sale in Tacoma at 1415 156th Street Ct E, Tacoma, WA, 98445 uses $194,077 cash to close to unlock $795/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $3,612/mo, and a $2,887/mo payment keeps the spread at $66/mo. Purchase price stands at $589,900, and rental yield measures 7.35% with $3,612/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $162,978 over five years. Five-year ROI reaches 105.59% and total cumulative return in cash records $204,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,612/mo property income covering a $2,887/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.36 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: Zachary Taylor • Integris Real Estate
Mls Name: NWMLS
Mls ID: #2430311