7924 50th Avenue ETacomaWA98443
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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 7924 50th Avenue E, Tacoma, WA, 98443 generates $3,054/mo in rent and, after a $2,374/mo payment, leaves $138/mo in cash flow. Total monthly income is $3,054/mo, and annual cash flow is $1,661/yr on $160,778 invested. Return on cash invested sits at 20.94% in year one, and rental yield is 7.56% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 108.17% and total cumulative return in cash sums $173,906. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,054/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,861 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98443, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,184 (100%) |
| Owner Occupied HU | 1,760 (80.6%) |
| Renter Occupied HU | 366 (16.8%) |
| Vacant Housing Units | 58 ( 2.7%) |
| Median Home Value | $603,641 |
| Average Home Value | $630,060 |
Housing Distribution
Address Breakdown
Residential
2,163
Single Family
2,163
Multi-Family
0
Businesses
30
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Listed by: Jennifer L Ivester • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2408570