803 N 2nd StreetTacomaWA98403
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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 803 N 2nd Street, Tacoma, WA, 98403 earns from $3,664/mo rent with a $3,120/mo payment. Total monthly income totals $3,664/mo. ROI tracks 18.59% on current figures, and rental yield reads 6.9% at a $637,500 purchase. Equity gained on principal adds $4,114/yr, and 5% annual appreciation supports $176,130 over five years. Five-year ROI reaches 95.67% and total cumulative return in cash sums $200,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,664/mo property income instead of your personal income.
Single Family
Built in 1903
2,435 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98403, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,772 (100%) |
| Owner Occupied HU | 1,810 (37.9%) |
| Renter Occupied HU | 2,607 (54.6%) |
| Vacant Housing Units | 355 ( 7.4%) |
| Median Home Value | $832,367 |
| Average Home Value | $908,461 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
2,154
Multi-Family
2,233
Businesses
189
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Listed by: Patrick W. Mercado • PropertiesNW of Gig Harbor Ltd
Mls Name: NWMLS
Mls Provider:
Mls ID: #2376604
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 04:09:30 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)