808 Alameda AvenueFircrestWA98466
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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 Fircrest at 808 Alameda Avenue, Fircrest, WA, 98466 priced at $715,000 pairs $3,913/mo rent with after a $3,500/mo payment. Total monthly income equals $3,913/mo. Return on cash invested is 18.09% in year one, and rental yield stands at 6.57% on a $715,000 basis. Equity gained on principal adds $4,614/yr, and 5% annual appreciation accumulates to $197,541 by year five. Five-year ROI measures 92.84% and total cumulative return in cash reaches $218,397. For financing, Ziffy Mortgage’s DSCR program evaluates $3,913/mo property income against a $3,500/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
9,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98466, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,080 (100%) |
| Owner Occupied HU | 6,636 (50.7%) |
| Renter Occupied HU | 5,815 (44.5%) |
| Vacant Housing Units | 629 ( 4.8%) |
| Median Home Value | $641,352 |
| Average Home Value | $680,625 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
8,015
Multi-Family
4,692
Businesses
792
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Listed by: Leslie Nims • Marketplace Sotheby's Intl Rty
Mls Name: NWMLS
Mls ID: #2470526