703 117th Street STacomaWA98444
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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 703 117th Street S, Tacoma, WA, 98444 offers a 9.3% rental yield on a $299,950 purchase with $2,324/mo rent. Total monthly income registers $2,324/mo, and a $1,468/mo payment leaves $521/mo available for distribution. Annual cash flow reaches $6,253/yr on $99,433 to close, and return on cash invested stands at 26.2% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,871 over five years. Portfolio math shows five-year ROI at 136.38% and total cumulative return in cash at $135,608. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,324/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98444, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,215 (100%) |
| Owner Occupied HU | 5,967 (42.0%) |
| Renter Occupied HU | 7,620 (53.6%) |
| Vacant Housing Units | 628 ( 4.4%) |
| Median Home Value | $454,879 |
| Average Home Value | $484,650 |
Housing Distribution
Address Breakdown
Residential
13,666
Single Family
9,532
Multi-Family
4,134
Businesses
756
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Listed by: Anna Khmilevsky • Better Properties Eastside
Mls Name: NWMLS
Mls ID: #2458618