5011 79th Avenue Ct EFifeWA98424
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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 Fife at 5011 79th Avenue Ct E, Fife, WA, 98424 uses $107,721 cash to close to unlock $5,522/yr annual cash flow and $460/mo monthly cash flow. Total monthly income runs $2,413/mo, and a $1,590/mo payment keeps the spread at $460/mo. Purchase price stands at $324,950, and rental yield measures 8.91% with $2,413/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $89,778 over five years. Five-year ROI reaches 130.12% and total cumulative return in cash records $140,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,413/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98424, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,958 (100%) |
| Owner Occupied HU | 2,258 (45.5%) |
| Renter Occupied HU | 2,519 (50.8%) |
| Vacant Housing Units | 181 ( 3.7%) |
| Median Home Value | $601,110 |
| Average Home Value | $619,030 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
2,847
Multi-Family
1,658
Businesses
676
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Listed by: Joshua D. Hall • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2442029