643 115th Street ETacomaWA98445
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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 Tacoma at 643 115th Street E, Tacoma, WA, 98445 generates $3,002/mo in rent and, after a $2,149/mo payment, leaves $363/mo in cash flow. Total monthly income is $3,002/mo, and annual cash flow is $4,353/yr on $145,529 invested. Return on cash invested sits at 22.9% in year one, and rental yield is 8.21% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 118.65% and total cumulative return in cash sums $172,664. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,002/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
2,025 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98445, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,846 (100%) |
| Owner Occupied HU | 8,360 (65.1%) |
| Renter Occupied HU | 4,046 (31.5%) |
| Vacant Housing Units | 440 ( 3.4%) |
| Median Home Value | $501,412 |
| Average Home Value | $537,717 |
Housing Distribution
Address Breakdown
Residential
11,723
Single Family
10,782
Multi-Family
941
Businesses
231
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Listed by: Sahar Crowley • Goldenrod Realty
Mls Name: NWMLS
Mls ID: #2435132