820 N Prospect StreetTacomaWA98406
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Nearby investment properties with comparable prices
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 820 N Prospect Street, Tacoma, WA, 98406 priced at $548,000 pairs $3,326/mo rent with $32/mo cash flow after a $2,682/mo payment. Total monthly income equals $3,326/mo, and annual cash flow comes to $385/yr on $180,292 invested. Return on cash invested is 20.27% in year one, and rental yield stands at 7.28% on a $548,000 basis. Equity gained on principal adds $3,536/yr, and 5% annual appreciation accumulates to $151,402 by year five. Five-year ROI measures 104.55% and total cumulative return in cash reaches $188,502. For financing, Ziffy Mortgage’s DSCR program evaluates $3,326/mo property income against a $2,682/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1902
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98406, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,187 (100%) |
| Owner Occupied HU | 6,113 (60.0%) |
| Renter Occupied HU | 3,593 (35.3%) |
| Vacant Housing Units | 481 ( 4.7%) |
| Median Home Value | $642,109 |
| Average Home Value | $673,204 |
Housing Distribution
Address Breakdown
Residential
10,184
Single Family
7,544
Multi-Family
2,640
Businesses
464
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Listed by: Aaron Hendon • eXp Realty
Mls Name: NWMLS
Mls ID: #2414199