7514 18th Avenue Ct E #12TacomaWA98404
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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 7514 18th Avenue Ct E #12, Tacoma, WA, 98404 earns $264/mo cash flow from $1,165/mo rent with a $734/mo payment. Total monthly income totals $1,165/mo, and annual cash flow totals $3,164/yr on $49,688 capital. ROI tracks 26.28% on current figures, and rental yield reads 9.33% at a $149,888 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,411 over five years. Five-year ROI reaches 136.8% and total cumulative return in cash sums $67,975. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,165/mo property income instead of your personal income.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98404, Tacoma, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,898
Single Family
10,846
Multi-Family
1,052
Businesses
328
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Listed by: Joseph Jung • Ace Development LLC
Mls Name: NWMLS
Mls ID: #2471964