








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 5001 S L Street, Tacoma, WA, 98408 at $419,900 posts ROI 20.2% with $33/mo cash flow from $2,576/mo rent. Total monthly income equals $2,576/mo, and annual cash flow records $399/yr on $139,197 to close. Return on cash invested measures 20.2% and rental yield reads 7.36% at the current $419,900. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 by year five. Five-year ROI prints 104.22% and total cumulative return in cash totals $145,068.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,576/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1921
4,626 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98408, Tacoma, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,086 (100%) |
| Owner Occupied HU | 5,364 (66.3%) |
| Renter Occupied HU | 2,429 (30.0%) |
| Vacant Housing Units | 293 ( 3.6%) |
| Median Home Value | $509,715 |
| Average Home Value | $551,139 |
Residential
7,710
Single Family
6,912
Multi-Family
798
Businesses
325
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $419,900 |
| 2023-03-01 | Sold | $375,000 |
| 2023-01-31 | Pending sale | $384,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | N/A | N/A | $357,500 | 6.11% |
| 2023-04-04 | $3753.71 | -0.22% | $336,900 | -6.93% |
| 2022-04-04 | $3762.10 | 8.59% | $362,000 | 19.95% |



Listed by: Ashley Dutton • Engel & Voelkers Seattle DT
Mls Name: NWMLS
Mls Provider:
Mls ID: #2352250
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)