4622 59th Street ETacomaWA98443
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 4622 59th Street E, Tacoma, WA, 98443 earns from $2,036/mo rent with a $1,762/mo payment. Total monthly income totals $2,036/mo. ROI tracks 18.62% on current figures, and rental yield reads 6.79% at a $359,950 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,448 over five years. Five-year ROI reaches 95.73% and total cumulative return in cash sums $114,234. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,036/mo property income instead of your personal income.
Single Family
Built in 1940
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98443, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,184 (100%) |
| Owner Occupied HU | 1,760 (80.6%) |
| Renter Occupied HU | 366 (16.8%) |
| Vacant Housing Units | 58 ( 2.7%) |
| Median Home Value | $603,641 |
| Average Home Value | $630,060 |
Housing Distribution
Address Breakdown
Residential
2,163
Single Family
2,163
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Mairs • Better Properties Summit
Mls Name: NWMLS
Mls ID: #2467147