25 N Broadway #207TacomaWA98403
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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
Rental property for sale in Tacoma at 25 N Broadway #207, Tacoma, WA, 98403 generates $2,696/mo in rent and, after a $1,444/mo payment, leaves $923/mo in cash flow. Total monthly income is $2,696/mo, and annual cash flow is $11,071/yr on $97,793 invested. Return on cash invested sits at 31.23% in year one, and rental yield is 10.97% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 163.33% and total cumulative return in cash sums $159,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,696/mo property income rather than buyer’s personal income.
Condo
Built in 1988
757.94 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98403, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,772 (100%) |
| Owner Occupied HU | 1,810 (37.9%) |
| Renter Occupied HU | 2,607 (54.6%) |
| Vacant Housing Units | 355 ( 7.4%) |
| Median Home Value | $832,367 |
| Average Home Value | $908,461 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
2,154
Multi-Family
2,233
Businesses
189
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Listed by: Jordan Doughty • Coldwell Banker Evergreen
Mls Name: NWMLS
Mls ID: #2395651