7436 S Pine StreetTacomaWA98409
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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 7436 S Pine Street, Tacoma, WA, 98409 uses $112,379 cash to close to unlock $8,525/yr annual cash flow and $710/mo monthly cash flow. Total monthly income runs $2,748/mo, and a $1,659/mo payment keeps the spread at $710/mo. Purchase price stands at $339,000, and rental yield measures 9.73% with $2,748/mo rent. Return on cash invested shows 27.5% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 143.31% and total cumulative return in cash records $161,044. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,748/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.26 Acres 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: Kay Wohlers • RE/MAX Exclusive
Mls Name: NWMLS
Mls ID: #2461739