1574 Cypress Point AvenueFircrestWA98466
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 Fircrest at 1574 Cypress Point Avenue, Fircrest, WA, 98466 offers a 5.91% rental yield on a $819,950 purchase with $4,040/mo rent. 11% in year one. Equity gained on principal adds $5,291/yr while 5% annual appreciation supports $226,537 over five years. Portfolio math shows five-year ROI at 82.19% and total cumulative return in cash at $221,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,040/mo property income against a $4,013/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
5,388 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98466, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,080 (100%) |
| Owner Occupied HU | 6,636 (50.7%) |
| Renter Occupied HU | 5,815 (44.5%) |
| Vacant Housing Units | 629 ( 4.8%) |
| Median Home Value | $641,352 |
| Average Home Value | $680,625 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
8,015
Multi-Family
4,692
Businesses
792
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Listed by: James Melgard • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2471074