5822 N 35th Street #E17TacomaWA98407
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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 5822 N 35th Street #E17, Tacoma, WA, 98407 listed at $325,000 pairs $2,255/mo rent with a $1,591/mo payment to leave $301/mo cash flow. Total monthly income runs $2,255/mo, and annual cash flow reaches $3,613/yr on $107,738 cash to close. Return on cash invested measures 23.26% in year one, and rental yield registers 8.33% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 120.64% and total cumulative return in cash totals $129,973. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,255/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
2,988 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: Michael J. Rankin Jr • COMPASS
Mls Name: NWMLS
Mls ID: #2411742