4961 Main Street #211TacomaWA98407
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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 #211, Tacoma, WA, 98407 uses $144,203 cash to close to unlock $1,527/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $2,742/mo, and a $2,129/mo payment keeps the spread at $127/mo. Purchase price stands at $435,000, and rental yield measures 7.56% with $2,742/mo rent. Return on cash invested shows 20.97% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 108.31% and total cumulative return in cash records $156,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,742/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Condo
Built in 2018
605.48 sqft 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
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Listed by: Matt Hume • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2469112