3001 161st Street ETacomaWA98446
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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 3001 161st Street E, Tacoma, WA, 98446 offers a 8.22% rental yield on a $525,000 purchase with $3,598/mo rent. Total monthly income registers $3,598/mo, and a $2,570/mo payment leaves $442/mo available for distribution. Annual cash flow reaches $5,301/yr on $172,725 to close, and return on cash invested stands at 23.13% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 119.84% and total cumulative return in cash at $206,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,598/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98446, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,985 (100%) |
| Owner Occupied HU | 3,206 (64.3%) |
| Renter Occupied HU | 1,631 (32.7%) |
| Vacant Housing Units | 148 ( 3.0%) |
| Median Home Value | $549,058 |
| Average Home Value | $595,935 |
Housing Distribution
Address Breakdown
Residential
5,093
Single Family
4,304
Multi-Family
789
Businesses
110
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Listed by: Michelle Wright • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2406265