718 N K StreetTacomaWA98403
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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
Rental property for sale in Tacoma at 718 N K Street, Tacoma, WA, 98403 priced at $769,999 pairs $2,173/mo rent with after a $3,769/mo payment. Total monthly income equals $2,173/mo. Return on cash invested is 8.43% in year one, and rental yield stands at 3.39% on a $769,999 basis. Equity gained on principal adds $4,969/yr, and 5% annual appreciation accumulates to $212,737 by year five. Five-year ROI measures 41.02% and total cumulative return in cash reaches $103,905. For financing, Ziffy Mortgage’s DSCR program evaluates $2,173/mo property income against a $3,769/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
4,874 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98403, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,772 (100%) |
| Owner Occupied HU | 1,810 (37.9%) |
| Renter Occupied HU | 2,607 (54.6%) |
| Vacant Housing Units | 355 ( 7.4%) |
| Median Home Value | $832,367 |
| Average Home Value | $908,461 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
2,154
Multi-Family
2,233
Businesses
189
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Listed by: Tracy Jones • eXp Realty
Mls Name: NWMLS
Mls ID: #2457135