7014 S Oakes StTacomaWA98409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7014 S Oakes St, Tacoma, WA, 98409 offers $3,061/mo rent that, after a $1,964/mo payment. Total monthly income is $3,061/mo. Return on cash invested measures 18.58% in year one, and rental yield stands at 9.15% at a $401,300 entry. Equity gained on principal adds $2,590/yr while 5% annual appreciation compounds into $110,872 by year five. Five-year ROI records 98.09% and total cumulative return in cash reaches $130,492. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,061/mo property income versus a $1,964/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A