3421 N 8th StreetTacomaWA98406
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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 3421 N 8th Street, Tacoma, WA, 98406 earns from $1,696/mo rent with a $3,487/mo payment. Total monthly income totals $1,696/mo. ROI tracks 6.82% on current figures, and rental yield reads 2.86% at a $712,500 purchase. Equity gained on principal adds $4,598/yr, and 5% annual appreciation supports $196,851 over five years. Five-year ROI reaches 32.38% and total cumulative return in cash sums $75,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,696/mo property income instead of your personal income.
Multi Family
Built in 1940
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98406, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,187 (100%) |
| Owner Occupied HU | 6,113 (60.0%) |
| Renter Occupied HU | 3,593 (35.3%) |
| Vacant Housing Units | 481 ( 4.7%) |
| Median Home Value | $642,109 |
| Average Home Value | $673,204 |
Housing Distribution
Address Breakdown
Residential
10,184
Single Family
7,544
Multi-Family
2,640
Businesses
464
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Listed by: Ryan N. Karns • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2450759