8015 Yakima Ave.TacomaWA98408
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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 8015 Yakima Ave, Tacoma, WA, 98408 earns $48/mo cash flow from $2,447/mo rent with a $1,953/mo payment. Total monthly income totals $2,447/mo, and annual cash flow totals $581/yr on $132,269 capital. ROI tracks 20.35% on current figures, and rental yield reads 7.36% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 104.98% and total cumulative return in cash sums $138,854. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,447/mo property income instead of your personal income.
Single Family
Built in 1942
6,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98408, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,086 (100%) |
| Owner Occupied HU | 5,364 (66.3%) |
| Renter Occupied HU | 2,429 (30.0%) |
| Vacant Housing Units | 293 ( 3.6%) |
| Median Home Value | $509,715 |
| Average Home Value | $551,139 |
Housing Distribution
Address Breakdown
Residential
7,710
Single Family
6,912
Multi-Family
798
Businesses
325
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Listed by: Johnny Shepherd-Nelson • eXp Realty
Mls Name: NWMLS
Mls ID: #2433565