359 Del Monte AvenueFircrestWA98466
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
Investment Highlights
Rental property for sale in Fircrest at 359 Del Monte Avenue, Fircrest, WA, 98466 priced at $499,950 pairs $3,779/mo rent with $774/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,779/mo, and annual cash flow comes to $9,285/yr on $165,733 invested. Return on cash invested is 25.51% in year one, and rental yield stands at 9.07% on a $499,950 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,127 by year five. Five-year ROI measures 132.64% and total cumulative return in cash reaches $219,832. For financing, Ziffy Mortgage’s DSCR program evaluates $3,779/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98466, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,080 (100%) |
| Owner Occupied HU | 6,636 (50.7%) |
| Renter Occupied HU | 5,815 (44.5%) |
| Vacant Housing Units | 629 ( 4.8%) |
| Median Home Value | $641,352 |
| Average Home Value | $680,625 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
8,015
Multi-Family
4,692
Businesses
792
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth Patton • COMPASS
Mls Name: NWMLS
Mls ID: #2472741