2307 S I StreetTacomaWA98405
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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 2307 S I Street, Tacoma, WA, 98405 earns from $3,343/mo rent with a $2,814/mo payment. Total monthly income totals $3,343/mo. ROI tracks 19.34% on current figures, and rental yield reads 6.98% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 99.53% and total cumulative return in cash sums $188,279. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,343/mo property income instead of your personal income.
Townhouse
Built in 2006
1,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98405, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,817 (100%) |
| Owner Occupied HU | 4,859 (37.9%) |
| Renter Occupied HU | 7,052 (55.0%) |
| Vacant Housing Units | 906 ( 7.1%) |
| Median Home Value | $552,735 |
| Average Home Value | $608,483 |
Housing Distribution
Address Breakdown
Residential
11,258
Single Family
7,589
Multi-Family
3,669
Businesses
720
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Listed by: Jaime E. Stenwick • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2451246