1503 137th Street E #7TacomaWA98445
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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 1503 137th Street E #7, Tacoma, WA, 98445 earns from $3,114/mo rent with a $3,201/mo payment. Total monthly income totals $3,114/mo. ROI tracks 15.5% on current figures, and rental yield reads 5.71% at a $653,990 purchase. Equity gained on principal adds $4,220/yr, and 5% annual appreciation supports $180,685 over five years. Five-year ROI reaches 78.94% and total cumulative return in cash sums $169,854. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,114/mo property income instead of your personal income.
Single Family
Built in 2024
5,427 sqft 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: Lisa Dufresne • James & Associates R.E. Inc.
Mls Name: NWMLS
Mls ID: #2418309