510 N Yakima AvenueTacomaWA98403
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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 510 N Yakima Avenue, Tacoma, WA, 98403 with 5% annual appreciation on a $1,129,950 basis while $3,775/mo rent supports operations. 48% in year one. Equity gained on principal adds $7,291/yr, and five-year appreciation sums $312,184 alongside rental yield of 4.01%. Five-year ROI measures 51.94% and total cumulative return in cash totals $190,155. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,775/mo property income versus a $5,531/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98403, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,772 (100%) |
| Owner Occupied HU | 1,810 (37.9%) |
| Renter Occupied HU | 2,607 (54.6%) |
| Vacant Housing Units | 355 ( 7.4%) |
| Median Home Value | $832,367 |
| Average Home Value | $908,461 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
2,154
Multi-Family
2,233
Businesses
189
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Listed by: Ryan D Meacham • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2475717