1652 93rd Street STacomaWA98444
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid, durable, and financeable, 1652 93rd Street S, Tacoma, WA, 98444 in Tacoma earns a 7.92% gross yield at $488,000. Rent of $3,221/mo nets $287/mo after the $2,194/mo mortgage. The 1.47 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $134,825 and $4,495/yr in equity accumulation project a total cumulative return of $203,230.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.2% |
| Monthly Cash Flow | $287 | $285 |
City averages based on Tacoma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,221 |
| Total Monthly Debt Service | $2,739 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
6,725 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98444, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,215 (100%) |
| Owner Occupied HU | 5,967 (42.0%) |
| Renter Occupied HU | 7,620 (53.6%) |
| Vacant Housing Units | 628 ( 4.4%) |
| Median Home Value | $454,879 |
| Average Home Value | $484,650 |
Housing Distribution
Address Breakdown
Residential
13,666
Single Family
9,532
Multi-Family
4,134
Businesses
756
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
Single Family
Built in 1992
6,725 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98444, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,215 (100%) |
| Owner Occupied HU | 5,967 (42.0%) |
| Renter Occupied HU | 7,620 (53.6%) |
| Vacant Housing Units | 628 ( 4.4%) |
| Median Home Value | $454,879 |
| Average Home Value | $484,650 |
Housing Distribution
Address Breakdown
Residential
13,666
Single Family
9,532
Multi-Family
4,134
Businesses
756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leng Chhong • Terry Wise & Associates
Mls Name: NWMLS
Mls ID: #2422804