6827 S Prospect 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
Investment property for sale in Tacoma at 6827 S Prospect Street, Tacoma, WA, 98409 earns from $2,494/mo rent with a $2,203/mo payment. Total monthly income totals $2,494/mo. ROI tracks 18.21% on current figures, and rental yield reads 6.65% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 93.49% and total cumulative return in cash sums $139,470. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,494/mo property income instead of your personal income.
Single Family
Built in 1953
9,600 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Briana Schiavone • Keller Williams Realty PS
Mls Name: NWMLS
Mls ID: #2447826