3609 S K StreetTacomaWA98418
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
Total monthly income runs $4,796/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 5.9% with $4,796/mo rent. Return on cash invested shows 16.08% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 82.03% and total cumulative return in cash records $263,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,796/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Single Family
Built in 1936
6,499 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 98418, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,278 (100%) |
| Owner Occupied HU | 2,532 (59.2%) |
| Renter Occupied HU | 1,536 (35.9%) |
| Vacant Housing Units | 210 ( 4.9%) |
| Median Home Value | $520,107 |
| Average Home Value | $595,419 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,542
Multi-Family
477
Businesses
180
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Listed for sale | $975,000 |
| 2008-08-15 | Sold | $173,000 |
| 2006-10-09 | Sold | $280,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1936
- Architectural Style: Craftsman
- Building Area: 3,024
- Living Area: 3,802 sqft
- Property Condition: Good
Features & Amenities
- Heating: Fireplace(s), Ductless HP-Mini Split, Forced Air
- Cooling: Ductless HP-Mini Split
- Flooring: Ceramic Tile, Laminate, Vinyl Plank, Carpet, Wall to Wall Carpet
- Interior Features: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Ceiling Fan(s), Dining Room, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Driveway, 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, Lightcurve
- Sewer: Sewer Connected, Company: Tacoma
- Water Source: Public, Company: Tacoma
- Road Surface Type: N/A
School Information
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Listed by: Dakota Cruse • Emerald Guardian Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2294364
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.