3016 N Carr Street #A202TacomaWA98403
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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
Total monthly income runs $3,803/mo, and a $3,549/mo payment. Purchase price stands at $725,000, and rental yield measures 6.29% with $3,803/mo rent. Return on cash invested shows 17.27% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 88.4% and total cumulative return in cash records $210,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,803/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A 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: Jay Grauman • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2465492