3510 S Tyler StreetTacomaWA98409
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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
Rental property for sale in Tacoma at 3510 S Tyler Street, Tacoma, WA, 98409 priced at $719,950 pairs $4,270/mo rent with after a $3,524/mo payment. Total monthly income equals $4,270/mo. Return on cash invested is 19.77% in year one, and rental yield stands at 7.12% on a $719,950 basis. Equity gained on principal adds $4,646/yr, and 5% annual appreciation accumulates to $198,909 by year five. Five-year ROI measures 101.82% and total cumulative return in cash reaches $241,179. For financing, Ziffy Mortgage’s DSCR program evaluates $4,270/mo property income against a $3,524/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
5,501 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 98409, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,642 (100%) |
| Owner Occupied HU | 4,461 (35.3%) |
| Renter Occupied HU | 7,537 (59.6%) |
| Vacant Housing Units | 644 ( 5.1%) |
| Median Home Value | $466,160 |
| Average Home Value | $547,793 |
Housing Distribution
Address Breakdown
Residential
10,941
Single Family
7,607
Multi-Family
3,334
Businesses
1,573
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Price change | $719,950 |
| 2024-08-20 | Price change | $749,950 |
| 2024-08-12 | Price change | $779,950 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $5297.56 | 1.43% | $475,900 | -5.39% |
| 2022-10-15 | $5222.84 | 48.26% | $503,000 | 63.84% |
| 2021-10-15 | $3522.65 | 435.01% | $307,000 | 76.44% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2021
- Architectural Style: N/A
- Building Area: 2,642
- Living Area: 2,642 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Fireplace(s), 90%+ High Efficiency, Ductless HP-Mini Split, Tankless Water Heater
- Cooling: 90%+ High Efficiency, Ductless HP-Mini Split
- Flooring: Ceramic Tile, Engineered Hardwood
- Interior Features: Second Primary Bedroom, Bath Off Primary, Dining Room, High Tech Cabling, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
- Exterior Features: N/A
- Parking Features: Driveway, Attached Garage, Off Street
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Comcast/Xfinity, Comcast/Xfinity
- Sewer: Sewer Connected, Company: TPU
- Water Source: Public, Company: TPU
- Road Surface Type: N/A
School Information
- Elementary School: Delong
- Middle School: Truman
- High School: Foss
Listed by: Tom L Ouk • Kelly Right RE of Seattle LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2248951
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.