4961 Main Street #314TacomaWA98407
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 4961 Main Street #314, Tacoma, WA, 98407 earns from $2,802/mo rent with a $2,325/mo payment. Total monthly income totals $2,802/mo. ROI tracks 19.5% on current figures, and rental yield reads 7.08% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 100.43% and total cumulative return in cash sums $158,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,802/mo property income instead of your personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98407, Tacoma, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,588
Single Family
7,800
Multi-Family
2,788
Businesses
285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nykole Larson • Keller Williams Realty PS
Mls Name: NWMLS
Mls ID: #2459554