6035 S Fife StreetTacomaWA98409
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
Investment property for sale in Tacoma at 6035 S Fife Street, Tacoma, WA, 98409 offers a 9.76% rental yield on a $409,997 purchase with $3,335/mo rent. Total monthly income registers $3,335/mo, and a $2,007/mo payment leaves $870/mo available for distribution. Annual cash flow reaches $10,442/yr on $135,914 to close, and return on cash invested stands at 27.59% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 143.84% and total cumulative return in cash at $195,502. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,335/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98409, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,642 (100%) |
| Owner Occupied HU | 4,461 (35.3%) |
| Renter Occupied HU | 7,537 (59.6%) |
| Vacant Housing Units | 644 ( 5.1%) |
| Median Home Value | $466,160 |
| Average Home Value | $547,793 |
Housing Distribution
Address Breakdown
Residential
10,941
Single Family
7,607
Multi-Family
3,334
Businesses
1,573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lorna Murray • RE/MAX Equity Group
Mls Name: NWMLS
Mls ID: #2447431