1621 E 34th StreetTacomaWA98404
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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
Rental property for sale in Tacoma at 1621 E 34th Street, Tacoma, WA, 98404 generates $3,106/mo in rent and, after a $2,056/mo payment, leaves $581/mo in cash flow. Total monthly income is $3,106/mo, and annual cash flow is $6,972/yr on $139,230 invested. Return on cash invested sits at 24.92% in year one, and rental yield is 8.87% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 129.45% and total cumulative return in cash sums $180,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,106/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98404, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,577 (100%) |
| Owner Occupied HU | 7,615 (60.5%) |
| Renter Occupied HU | 4,516 (35.9%) |
| Vacant Housing Units | 446 ( 3.5%) |
| Median Home Value | $493,245 |
| Average Home Value | $530,997 |
Housing Distribution
Address Breakdown
Residential
11,898
Single Family
10,846
Multi-Family
1,052
Businesses
328
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Listed by: David Pichler • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2470871