3521 50th Avenue 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 3521 50th Avenue NE, Tacoma, WA, 98422 uses $155,805 cash to close to unlock $1,802/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $2,975/mo, and a $2,300/mo payment keeps the spread at $150/mo. Purchase price stands at $470,000, and rental yield measures 7.6% with $2,975/mo rent. Return on cash invested shows 21.07% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 108.83% and total cumulative return in cash records $169,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,975/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1980
6,046 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: Jennifer Buday • Redfin
Mls Name: NWMLS
Mls ID: #2417163