523 N C Street #3TacomaWA98403
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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 523 N C Street #3, Tacoma, WA, 98403 listed at $610,000 pairs $1,858/mo rent with a $2,986/mo payment. Total monthly income runs $1,858/mo. Return on cash invested measures 9.24% in year one, and rental yield registers 3.66% at a $610,000 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,532 by year five. Five-year ROI tracks 45.37% and total cumulative return in cash totals $91,051. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,858/mo property income relative to a $2,986/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1905
N/A 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: Chris Gurnee • eXp Realty
Mls Name: NWMLS
Mls ID: #2434421