2709 N Stevens StTacomaWA98407
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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 2709 N Stevens St, Tacoma, WA, 98407 earns from $2,970/mo rent with a $2,767/mo payment. Total monthly income totals $2,970/mo. ROI tracks 17.14% on current figures, and rental yield reads 6.3% at a $565,400 purchase. Equity gained on principal adds $3,648/yr, and 5% annual appreciation supports $156,210 over five years. Five-year ROI reaches 87.8% and total cumulative return in cash sums $163,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,970/mo property income instead of your personal income.
Multi Family
Built in 1948
4,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98407, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,796 (64.6%) |
| Renter Occupied HU | 3,306 (31.4%) |
| Vacant Housing Units | 417 ( 4.0%) |
| Median Home Value | $683,531 |
| Average Home Value | $750,872 |
Housing Distribution
Address Breakdown
Residential
10,588
Single Family
7,800
Multi-Family
2,788
Businesses
285
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Listed by: N/A • N/A
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