








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Tacoma at 4812 N Waterview Street, Tacoma, WA, 98407 at $1,411,500 posts ROI 11.07% with from $5,210/mo rent. Total monthly income equals $5,210/mo. Return on cash invested measures 11.07% and rental yield reads 4.43% at the current $1,411,500. Equity gained on principal adds $9,108/yr, and 5% annual appreciation supports $389,971 by year five. Five-year ROI prints 55.36% and total cumulative return in cash totals $253,170. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,210/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98407, Tacoma, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,796 (64.6%) |
| Renter Occupied HU | 3,306 (31.4%) |
| Vacant Housing Units | 417 ( 4.0%) |
| Median Home Value | $683,531 |
| Average Home Value | $750,872 |
Residential
10,588
Single Family
7,800
Multi-Family
2,788
Businesses
285
Date | Event | Price |
|---|---|---|
| 2025-07-16 | Sold | $1,411,500 |
| 2025-06-06 | Pending sale | $1,475,000 |
| 2025-05-27 | Price change | $1,475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $15082.85 | 2.24% | $1,387,500 | 4.54% |
| 2023-10-28 | $14752.87 | 10.34% | $1,327,200 | 2.93% |
| 2022-10-28 | $13369.93 | 6.62% | $1,289,400 | 17.74% |



Listed by: Shannon Bell-Peterson • RE/MAX Honors
Mls Name: NWMLS
Mls Provider:
Mls ID: #2219232
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 23:34:43 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)