2916 58th Avenue NETacomaWA98422
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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 2916 58th Avenue NE, Tacoma, WA, 98422 generates $2,712/mo in rent and, after a $2,129/mo payment, leaves $97/mo in cash flow. Total monthly income is $2,712/mo, and annual cash flow is $1,167/yr on $144,203 invested. Return on cash invested sits at 20.72% in year one, and rental yield is 7.48% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 106.97% and total cumulative return in cash sums $154,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,712/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
6,351 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98422, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,201 (100%) |
| Owner Occupied HU | 6,169 (75.2%) |
| Renter Occupied HU | 1,808 (22.0%) |
| Vacant Housing Units | 224 ( 2.7%) |
| Median Home Value | $667,258 |
| Average Home Value | $718,966 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,297
Multi-Family
673
Businesses
107
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Listed by: Martha Zahuita • RSVP Brokers ERA
Mls Name: NWMLS
Mls ID: #2423286