638 N Skyline DriveTacomaWA98406
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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 638 N Skyline Drive, Tacoma, WA, 98406 at $625,000 posts ROI 19.05% with from $3,584/mo rent. Total monthly income equals $3,584/mo. Return on cash invested measures 19.05% and rental yield reads 6.88% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 97.99% and total cumulative return in cash totals $201,493. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,584/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
7,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98406, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,187 (100%) |
| Owner Occupied HU | 6,113 (60.0%) |
| Renter Occupied HU | 3,593 (35.3%) |
| Vacant Housing Units | 481 ( 4.7%) |
| Median Home Value | $642,109 |
| Average Home Value | $673,204 |
Housing Distribution
Address Breakdown
Residential
10,184
Single Family
7,544
Multi-Family
2,640
Businesses
464
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Listed by: Claudia Bravo Macpherson • eXp Realty
Mls Name: NWMLS
Mls ID: #2452967