717 Ramsdell StreetFircrestWA98466
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 Fircrest at 717 Ramsdell Street, Fircrest, WA, 98466 priced at $475,000 pairs $2,796/mo rent with after a $2,325/mo payment. Total monthly income equals $2,796/mo. Return on cash invested is 19.46% in year one, and rental yield stands at 7.06% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 100.18% and total cumulative return in cash reaches $157,747. For financing, Ziffy Mortgage’s DSCR program evaluates $2,796/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98466, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,080 (100%) |
| Owner Occupied HU | 6,636 (50.7%) |
| Renter Occupied HU | 5,815 (44.5%) |
| Vacant Housing Units | 629 ( 4.8%) |
| Median Home Value | $641,352 |
| Average Home Value | $680,625 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
8,015
Multi-Family
4,692
Businesses
792
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Curtis Gibson • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2438148