511 N E StreetTacomaWA98403
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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 511 N E Street, Tacoma, WA, 98403 at $1,363,000 posts ROI 7.89% with from $3,600/mo rent. Total monthly income equals $3,600/mo. Return on cash invested measures 7.89% and rental yield reads 3.17% at the current $1,363,000. Equity gained on principal adds $8,795/yr, and 5% annual appreciation supports $376,572 by year five. Five-year ROI prints 38.04% and total cumulative return in cash totals $167,995. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
4,552 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: Mackenzie Record • Engel & Voelkers North Tacoma
Mls Name: NWMLS
Mls ID: #2443683