5105 Grand Loop #105TacomaWA98407
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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 5105 Grand Loop #105, Tacoma, WA, 98407 offers a 2.37% rental yield on a $1,650,000 purchase with $3,253/mo rent. 41% in year one. Equity gained on principal adds $10,647/yr while 5% annual appreciation supports $455,865 over five years. Portfolio math shows five-year ROI at 24.75% and total cumulative return in cash at $132,293. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,253/mo property income against a $8,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2014
2,639 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98407, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,796 (64.6%) |
| Renter Occupied HU | 3,306 (31.4%) |
| Vacant Housing Units | 417 ( 4.0%) |
| Median Home Value | $683,531 |
| Average Home Value | $750,872 |
Housing Distribution
Address Breakdown
Residential
10,588
Single Family
7,800
Multi-Family
2,788
Businesses
285
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Listed by: Heidi Hurst • Windermere Abode
Mls Name: NWMLS
Mls ID: #2430313