1902 Bridgeport Way W #106TacomaWA98466
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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 1902 Bridgeport Way W #106, Tacoma, WA, 98466 earns $337/mo cash flow from $2,591/mo rent with a $1,835/mo payment. Total monthly income totals $2,591/mo, and annual cash flow totals $4,048/yr on $124,279 capital. ROI tracks 23.17% on current figures, and rental yield reads 8.29% at a $374,900 purchase. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 over five years. Five-year ROI reaches 120.1% and total cumulative return in cash sums $149,263. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,591/mo property income instead of your personal income.
Condo
Built in 1979
1,115 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: Sophia Purcell • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2423880