2901 N Junett StreetTacomaWA98407
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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 2901 N Junett Street, Tacoma, WA, 98407 priced at $998,950 converts $3,622/mo rent into after a $4,889/mo obligation. Total monthly income equals $3,622/mo. Return on cash invested prints 11.36% in year one, and rental yield reads 4.35% against a $998,950 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $275,991 by year five. Five-year ROI reaches 56.74% and total cumulative return in cash sums $186,466. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,622/mo property income covering a $4,889/mo payment, not borrower’s personal income.
Single Family
Built in 1905
6,242 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: Jeff Jensen • Keller Williams Rty Tacoma
Mls Name: NWMLS
Mls Provider:
Mls ID: #2334548
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)