3318 48th Street 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
Investment property for sale in Tacoma at 3318 48th Street NE, Tacoma, WA, 98422 listed at $650,000 pairs $4,066/mo rent with a $3,181/mo payment to leave $159/mo cash flow. Total monthly income runs $4,066/mo, and annual cash flow reaches $1,910/yr on $213,850 cash to close. Return on cash invested measures 20.95% in year one, and rental yield registers 7.51% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 108.19% and total cumulative return in cash totals $231,362. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,066/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
7,235 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: Corey Orvold • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2432234