








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Tacoma at 310 S 28th St, Tacoma, WA, 98402 offers a 7.73% rental yield on a $400,000 purchase with $2,576/mo rent. Total monthly income registers $2,576/mo, and a $1,958/mo payment leaves $117/mo available for distribution. Annual cash flow reaches $1,408/yr on $132,600 to close, and return on cash invested stands at 20.97% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 108.49% and total cumulative return in cash at $143,860. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,576/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98402, Tacoma, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,421 (100%) |
| Owner Occupied HU | 388 ( 7.2%) |
| Renter Occupied HU | 4,085 (75.4%) |
| Vacant Housing Units | 948 (17.5%) |
| Median Home Value | $587,248 |
| Average Home Value | $633,022 |
Residential
5,028
Single Family
1,034
Multi-Family
3,994
Businesses
1,122
Date | Event | Price |
|---|---|---|
| 2025-07-23 | Sold | $400,000 |
| 2025-06-20 | Pending sale | $437,500 |
| 2025-06-09 | Price change | $437,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $4009.02 | 3.73% | $368,000 | 6.08% |
| 2023-10-26 | $3864.78 | -0.18% | $346,900 | -6.90% |
| 2022-10-26 | $3871.91 | 7.33% | $372,600 | 18.55% |



Listed by: Bethany Jones • Windermere Prof Partners
Mls Name: NWMLS
Mls Provider:
Mls ID: #2376258
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 04:44:37 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)