6217 4th Street EFifeWA98424
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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 Fife at 6217 4th Street E, Fife, WA, 98424 generates $2,920/mo in rent and, after a $1,835/mo payment, leaves $666/mo in cash flow. Total monthly income is $2,920/mo, and annual cash flow is $7,995/yr on $124,313 invested. Return on cash invested sits at 26.34% in year one, and rental yield is 9.34% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 137.11% and total cumulative return in cash sums $170,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,920/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
0.36 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
2,847
Multi-Family
1,658
Businesses
676
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Listed by: James Nam • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2456408