8301 61st Street WTacomaWA98467
Nearby investment properties with comparable rents
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
Investment property for sale in Tacoma at 8301 61st Street W, Tacoma, WA, 98467 earns from $3,630/mo rent with a $3,328/mo payment. Total monthly income totals $3,630/mo. ROI tracks 17.61% on current figures, and rental yield reads 6.41% at a $680,000 purchase. Equity gained on principal adds $4,388/yr, and 5% annual appreciation supports $187,871 over five years. Five-year ROI reaches 90.24% and total cumulative return in cash sums $201,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,630/mo property income instead of your personal income.
Single Family
Built in 1992
4,926 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98467, University Place, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,628 (100%) |
| Owner Occupied HU | 3,750 (56.6%) |
| Renter Occupied HU | 2,700 (40.7%) |
| Vacant Housing Units | 178 ( 2.7%) |
| Median Home Value | $624,257 |
| Average Home Value | $649,724 |
Housing Distribution
Address Breakdown
Residential
6,656
Single Family
4,559
Multi-Family
2,097
Businesses
120
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Listed by: Debbie Wise • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2428301