6442 S Lawrence StreetTacomaWA98409
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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
Total monthly income runs $3,268/mo, and a $3,671/mo payment. Purchase price stands at $749,950, and rental yield measures 5.23% with $3,268/mo rent. Return on cash invested shows 14.03% in year one, and 5% annual appreciation builds toward $207,197 over five years. Five-year ROI reaches 71.03% and total cumulative return in cash records $175,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,268/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 2022
4,203 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 98409, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,642 (100%) |
| Owner Occupied HU | 4,461 (35.3%) |
| Renter Occupied HU | 7,537 (59.6%) |
| Vacant Housing Units | 644 ( 5.1%) |
| Median Home Value | $466,160 |
| Average Home Value | $547,793 |
Housing Distribution
Address Breakdown
Residential
10,941
Single Family
7,607
Multi-Family
3,334
Businesses
1,573
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Listed for sale | $749,950 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $4598.94 | -15.48% | $413,000 | 23.62% |
| 2022-10-15 | $5441.09 | 207.30% | $334,100 | 251.68% |
| 2021-10-15 | $1770.63 | N/A | $95,000 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2022
- Architectural Style: N/A
- Building Area: 2,180
- Living Area: 2,796 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Heat Pump
- Cooling: Heat Pump
- Flooring: Ceramic Tile, Laminate, Laminate Hardwood
- Interior Features: Bath Off Primary
- Exterior Features: N/A
- Parking Features: Off Street
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sewer Connected, Company: Tacoma
- Water Source: Public, Company: Tacoma
- Road Surface Type: N/A
School Information
- Elementary School: Arlington
- Middle School: Gray
- High School: Mt Tahoma
Listed by: Wendy Klahr • Kelly Right RE of Seattle LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2297112
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.