6216 20th Street E, Tacoma, WA, 98424 | 4.8% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Tacoma at 6216 20th Street E, Tacoma, WA, 98424 earns from $4,800/mo rent with a $5,873/mo payment. Total monthly income totals $4,800/mo. ROI tracks 12.92% on current figures, and rental yield reads 4.8% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 65.03% and total cumulative return in cash sums $252,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.

Single Family

Built in 1945

0.86 Acres lot

$N/A/sqft

No HOA

More details about the property

A unique corner lot for investment or owner-occupier opportunity in Fife: a versatile Warehouse/Commercial (NEC) property paired with a large residence on nearly one acre. Positioned on a busy commercial corridor surrounded by offices, industrial complexes, and other businesses. This site offers exceptional visibility, flexible zoning potential, and immediate access to local transportation routes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98424, Tacoma, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,958 (100%)
Owner Occupied HU	2,258 (45.5%)
Renter Occupied HU	2,519 (50.8%)
Vacant Housing Units	181 ( 3.7%)
Median Home Value	$601,110
Average Home Value	$619,030