2406 54th Avenue EFifeWA98424
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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 Fife at 2406 54th Avenue E, Fife, WA, 98424 earns from $3,190/mo rent with a $2,619/mo payment. Total monthly income totals $3,190/mo. ROI tracks 19.88% on current figures, and rental yield reads 7.16% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 102.43% and total cumulative return in cash sums $180,292. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,190/mo property income instead of your personal income.
Single Family
Built in 1942
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98424, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,958 (100%) |
| Owner Occupied HU | 2,258 (45.5%) |
| Renter Occupied HU | 2,519 (50.8%) |
| Vacant Housing Units | 181 ( 3.7%) |
| Median Home Value | $601,110 |
| Average Home Value | $619,030 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
2,847
Multi-Family
1,658
Businesses
676
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Listed by: Jeff T. Latham • Latham Realty Unlimited Inc
Mls Name: NWMLS
Mls ID: #2438094