14886 36th Avenue Ct E #9TacomaWA98446
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
Investment property for sale in Tacoma at 14886 36th Avenue Ct E #9, Tacoma, WA, 98446 offers a 9.1% rental yield on a $419,950 purchase with $3,184/mo rent. Total monthly income registers $3,184/mo, and a $2,055/mo payment leaves $660/mo available for distribution. Annual cash flow reaches $7,921/yr on $139,213 to close, and return on cash invested stands at 25.6% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,024 over five years. Portfolio math shows five-year ROI at 133.14% and total cumulative return in cash at $185,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,184/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98446, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,985 (100%) |
| Owner Occupied HU | 3,206 (64.3%) |
| Renter Occupied HU | 1,631 (32.7%) |
| Vacant Housing Units | 148 ( 3.0%) |
| Median Home Value | $549,058 |
| Average Home Value | $595,935 |
Housing Distribution
Address Breakdown
Residential
5,093
Single Family
4,304
Multi-Family
789
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Maxwell II • Better Homes and Gardens RE PC
Mls Name: NWMLS
Mls ID: #2457546