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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Tacoma at 7317 18th Avenue E UNIT 4, Tacoma, WA, 98404 uses $41,438 cash to close to unlock $15,086/yr annual cash flow and $1,257/mo monthly cash flow. Total monthly income runs $2,016/mo, and a $612/mo payment keeps the spread at $1,257/mo. Purchase price stands at $125,000, and rental yield measures 19.35% with $2,016/mo rent. Return on cash invested shows 56.31% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 298.03% and total cumulative return in cash records $123,497. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,016/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98404, Tacoma, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,577 (100%) |
| Owner Occupied HU | 7,615 (60.5%) |
| Renter Occupied HU | 4,516 (35.9%) |
| Vacant Housing Units | 446 ( 3.5%) |
| Median Home Value | $493,245 |
| Average Home Value | $530,997 |
Residential
11,898
Single Family
10,846
Multi-Family
1,052
Businesses
328
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Listed for sale | $125,000 |
| 2007-05-23 | Sold | $45,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1137.81 | 19.87% | $89,800 | 16.47% |
| 2022-10-15 | $949.24 | 22.88% | $77,100 | 39.67% |
| 2021-10-15 | $772.49 | 27.36% | $55,200 | 18.45% |
Listed by: Cindy Hileman • Keller Williams Realty PS
Mls Name: NWMLS
Mls Provider:
Mls ID: #2290187
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
