18214 37th 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 18214 37th Avenue E, Tacoma, WA, 98446 uses $199,029 cash to close to unlock $12,522/yr annual cash flow and $1,043/mo monthly cash flow. Total monthly income runs $4,680/mo, and a $2,961/mo payment keeps the spread at $1,043/mo. Purchase price stands at $604,950, and rental yield measures 9.28% with $4,680/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $167,137 over five years. Five-year ROI reaches 137.13% and total cumulative return in cash records $272,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,680/mo property income covering a $2,961/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,072 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: Dean C Pierce • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2369672