6315 Yakima AveTacomaWA98408
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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 6315 Yakima Ave, Tacoma, WA, 98408 listed at $400,800 pairs $2,678/mo rent with a $1,962/mo payment to leave $185/mo cash flow. Total monthly income runs $2,678/mo, and annual cash flow reaches $2,223/yr on $132,865 cash to close. Return on cash invested measures 21.58% in year one, and rental yield registers 8.02% at a $400,800 basis. Equity gained on principal adds $2,586/yr, and annual property appreciation at 5% supports $110,734 by year five. Five-year ROI tracks 111.88% and total cumulative return in cash totals $148,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,678/mo property income relative to a $1,962/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98408, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,086 (100%) |
| Owner Occupied HU | 5,364 (66.3%) |
| Renter Occupied HU | 2,429 (30.0%) |
| Vacant Housing Units | 293 ( 3.6%) |
| Median Home Value | $509,715 |
| Average Home Value | $551,139 |
Housing Distribution
Address Breakdown
Residential
7,710
Single Family
6,912
Multi-Family
798
Businesses
325
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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