15920 42nd Avenue ETacomaWA98446
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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 15920 42nd Avenue E, Tacoma, WA, 98446 listed at $469,950 pairs $3,161/mo rent with a $2,300/mo payment to leave $336/mo cash flow. Total monthly income runs $3,161/mo, and annual cash flow reaches $4,035/yr on $155,788 cash to close. Return on cash invested measures 22.5% in year one, and rental yield registers 8.07% at a $469,950 basis. Equity gained on principal adds $3,033/yr, and annual property appreciation at 5% supports $129,839 by year five. Five-year ROI tracks 116.52% and total cumulative return in cash totals $181,517. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,161/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
7,126 sqft 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
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Listed by: Isaac Schaefer • Realty One Group Turn Key
Mls Name: NWMLS
Mls ID: #2435160