5407 S Park AveTacomaWA98408
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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
Rental property for sale in Tacoma at 5407 S Park Ave, Tacoma, WA, 98408 generates $2,606/mo in rent, after a $2,154/mo payment. Total monthly income is $2,606/mo. Return on cash invested sits at 19.59% in year one, and rental yield is 7.11% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 100.87% and total cumulative return in cash sums $147,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,606/mo property income rather than buyer’s personal income.
Single Family
Built in 1908
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98408, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,086 (100%) |
| Owner Occupied HU | 5,364 (66.3%) |
| Renter Occupied HU | 2,429 (30.0%) |
| Vacant Housing Units | 293 ( 3.6%) |
| Median Home Value | $509,715 |
| Average Home Value | $551,139 |
Housing Distribution
Address Breakdown
Residential
7,710
Single Family
6,912
Multi-Family
798
Businesses
325
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Listed by: Megan DeHan • Highest Offer
Mls Name: NWMLS
Mls ID: #2463996