7907 21st Avenue ETacomaWA98404
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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 7907 21st Avenue E, Tacoma, WA, 98404 uses $132,600 cash to close to unlock $4,096/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $2,746/mo, and a $1,958/mo payment keeps the spread at $341/mo. Purchase price stands at $400,000, and rental yield measures 8.24% with $2,746/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 119.2% and total cumulative return in cash records $158,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,746/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
5,301 sqft 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: Jodie Weir • eXp Realty
Mls Name: NWMLS
Mls ID: #2417263