509 E 65th StreetTacomaWA98404
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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 509 E 65th Street, Tacoma, WA, 98404 earns $36/mo cash flow from $2,441/mo rent with a $1,958/mo payment. Total monthly income totals $2,441/mo, and annual cash flow totals $436/yr on $132,600 capital. ROI tracks 20.24% on current figures, and rental yield reads 7.32% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 104.38% and total cumulative return in cash sums $138,412. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,441/mo property income instead of your personal income.
Single Family
Built in 1950
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98404, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,577 (100%) |
| Owner Occupied HU | 7,615 (60.5%) |
| Renter Occupied HU | 4,516 (35.9%) |
| Vacant Housing Units | 446 ( 3.5%) |
| Median Home Value | $493,245 |
| Average Home Value | $530,997 |
Housing Distribution
Address Breakdown
Residential
11,898
Single Family
10,846
Multi-Family
1,052
Businesses
328
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Listed by: Ara Hakobyan • Ara Realty
Mls Name: NWMLS
Mls ID: #2462755