5020 58th Avenue Ct WTacomaWA98467
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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
Rental property for sale in Tacoma at 5020 58th Avenue Ct W, Tacoma, WA, 98467 generates $4,241/mo in rent and, after a $3,353/mo payment, leaves $123/mo in cash flow. Total monthly income is $4,241/mo, and annual cash flow is $1,477/yr on $225,365 invested. Return on cash invested sits at 20.72% in year one, and rental yield is 7.43% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 106.91% and total cumulative return in cash sums $240,946. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,241/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98467, University Place, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,628 (100%) |
| Owner Occupied HU | 3,750 (56.6%) |
| Renter Occupied HU | 2,700 (40.7%) |
| Vacant Housing Units | 178 ( 2.7%) |
| Median Home Value | $624,257 |
| Average Home Value | $649,724 |
Housing Distribution
Address Breakdown
Residential
6,656
Single Family
4,559
Multi-Family
2,097
Businesses
120
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Listed by: Cindy Hileman • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2429344