3971 E Roosevelt AvenueTacomaWA98404
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
Investment property for sale in Tacoma at 3971 E Roosevelt Avenue, Tacoma, WA, 98404 offers a 7.23% rental yield on a $569,950 purchase with $3,436/mo rent. Total monthly income registers $3,436/mo, and a $2,790/mo payment leaves $10/mo available for distribution. Annual cash flow reaches $115/yr on $187,514 to close, and return on cash invested stands at 20.12% in year one. Equity gained on principal adds $3,678/yr while 5% annual appreciation supports $157,467 over five years. Portfolio math shows five-year ROI at 103.72% and total cumulative return in cash at $194,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,436/mo property income against a $2,790/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
3,297 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98404, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,577 (100%) |
| Owner Occupied HU | 7,615 (60.5%) |
| Renter Occupied HU | 4,516 (35.9%) |
| Vacant Housing Units | 446 ( 3.5%) |
| Median Home Value | $493,245 |
| Average Home Value | $530,997 |
Housing Distribution
Address Breakdown
Residential
11,898
Single Family
10,846
Multi-Family
1,052
Businesses
328
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trung Vo • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2442928