231 S 94th StreetTacomaWA98444
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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 231 S 94th Street, Tacoma, WA, 98444 uses $124,313 cash to close to unlock $4,359/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $2,617/mo, and a $1,835/mo payment keeps the spread at $363/mo. Purchase price stands at $375,000, and rental yield measures 8.37% with $2,617/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 121.44% and total cumulative return in cash records $150,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,617/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1946
9,753 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
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Listed by: Matthew Harber • Keller Williams Rty Tacoma
Mls Name: NWMLS
Mls ID: #2440414