6346 Radiance Boulevard 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
Investment property for sale in Fife at 6346 Radiance Boulevard E, Fife, WA, 98424 listed at $529,950 pairs $3,365/mo rent with a $2,594/mo payment to leave $179/mo cash flow. Total monthly income runs $3,365/mo, and annual cash flow reaches $2,151/yr on $174,354 cash to close. Return on cash invested measures 21.29% in year one, and rental yield registers 7.62% at a $529,950 basis. Equity gained on principal adds $3,420/yr, and annual property appreciation at 5% supports $146,415 by year five. Five-year ROI tracks 110.02% and total cumulative return in cash totals $191,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,365/mo property income relative to a $2,594/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
3,040 sqft 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: Sun K Kim • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2413073