3501 60th Street Ct ETacomaWA98443
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 3501 60th Street Ct E, Tacoma, WA, 98443 in Tacoma fits: $1,314,000, 4.88% gross yield, and a projected 5% annual appreciation rate adding $363,034 in value within five years. Rental yield 4.88%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.90) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $12,102/yr in principal paydown and $363,034 in appreciation project a total return of $332,999.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 5.2% |
| Monthly Cash Flow | $(2,551) | $285 |
City averages based on Tacoma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,347 |
| Total Monthly Debt Service | $7,376 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98443, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,184 (100%) |
| Owner Occupied HU | 1,760 (80.6%) |
| Renter Occupied HU | 366 (16.8%) |
| Vacant Housing Units | 58 ( 2.7%) |
| Median Home Value | $603,641 |
| Average Home Value | $630,060 |
Housing Distribution
Address Breakdown
Residential
2,163
Single Family
2,163
Multi-Family
0
Businesses
30
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
Single Family
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98443, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,184 (100%) |
| Owner Occupied HU | 1,760 (80.6%) |
| Renter Occupied HU | 366 (16.8%) |
| Vacant Housing Units | 58 ( 2.7%) |
| Median Home Value | $603,641 |
| Average Home Value | $630,060 |
Housing Distribution
Address Breakdown
Residential
2,163
Single Family
2,163
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy M. Lawber • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2433869