3201 Pacific Avenue #907TacomaWA98418
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3201 Pacific Avenue #907, Tacoma, WA, 98418 in Tacoma carries a 1.91 coverage ratio, rent of $2,748/mo is 1.91 times the $1,439/mo payment. Rental yield 10.3%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $320,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $88,410; total projected cumulative return: $174,152.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.2% |
| Monthly Cash Flow | $(43) | $285 |
City averages based on Tacoma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,748 |
| Total Monthly Debt Service | $1,796 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2002
1,041 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98418, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,278 (100%) |
| Owner Occupied HU | 2,532 (59.2%) |
| Renter Occupied HU | 1,536 (35.9%) |
| Vacant Housing Units | 210 ( 4.9%) |
| Median Home Value | $520,107 |
| Average Home Value | $595,419 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,542
Multi-Family
477
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2002
1,041 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98418, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,278 (100%) |
| Owner Occupied HU | 2,532 (59.2%) |
| Renter Occupied HU | 1,536 (35.9%) |
| Vacant Housing Units | 210 ( 4.9%) |
| Median Home Value | $520,107 |
| Average Home Value | $595,419 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,542
Multi-Family
477
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marianna N Mikshanskiy • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2468050