2015 Mountain View Avenue WUniversity PlaceWA98466
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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
Total monthly income runs $4,018/mo, and a $3,793/mo payment. Purchase price stands at $775,000, and rental yield measures 6.22% with $4,018/mo rent. Return on cash invested shows 17.05% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 87.23% and total cumulative return in cash records $222,403. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,018/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.39 Acres 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: Tom Rickey • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2440231