5302 34th Street Loop NETacomaWA98422
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 5302 34th Street Loop NE, Tacoma, WA, 98422 in Tacoma. Rental yield 6.75%. The 1.25 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $179,521 and $5,985/yr in principal reduction project total return of $229,738.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 5.2% |
| Monthly Cash Flow | $(251) | $285 |
City averages based on Tacoma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,655 |
| Total Monthly Debt Service | $3,647 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98422, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,201 (100%) |
| Owner Occupied HU | 6,169 (75.2%) |
| Renter Occupied HU | 1,808 (22.0%) |
| Vacant Housing Units | 224 ( 2.7%) |
| Median Home Value | $667,258 |
| Average Home Value | $718,966 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,297
Multi-Family
673
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1979
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98422, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,201 (100%) |
| Owner Occupied HU | 6,169 (75.2%) |
| Renter Occupied HU | 1,808 (22.0%) |
| Vacant Housing Units | 224 ( 2.7%) |
| Median Home Value | $667,258 |
| Average Home Value | $718,966 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,297
Multi-Family
673
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sergey Lobodzinskiy • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2424105