600 Hi Ab La Place NETacomaWA98422
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
Investment Highlights
Rental property for sale in Tacoma at 600 Hi Ab La Place NE, Tacoma, WA, 98422 offers $4,702/mo rent that, after a $6,363/mo payment. Total monthly income is $4,702/mo. Return on cash invested measures 11.5% in year one, and rental yield stands at 4.34% at a $1,300,000 entry. Equity gained on principal adds $8,389/yr while 5% annual appreciation compounds into $359,166 by year five. Five-year ROI records 57.43% and total cumulative return in cash reaches $241,887. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,702/mo property income versus a $6,363/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,407 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: David Joiner • Triwood Realty
Mls Name: NWMLS
Mls ID: #2416436