8401 Zircon Drive #C38TacomaWA98498
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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 8401 Zircon Drive #C38, Tacoma, WA, 98498 listed at $249,500 pairs $2,285/mo rent with a $1,221/mo payment to leave $785/mo cash flow. Total monthly income runs $2,285/mo, and annual cash flow reaches $9,425/yr on $82,709 cash to close. Return on cash invested measures 31.3% in year one, and rental yield registers 10.99% at a $249,500 basis. Equity gained on principal adds $1,610/yr, and annual property appreciation at 5% supports $68,932 by year five. Five-year ROI tracks 163.74% and total cumulative return in cash totals $135,429. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,285/mo property income relative to a $1,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
2,604 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98498, Lakewood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,521 (100%) |
| Owner Occupied HU | 7,489 (59.8%) |
| Renter Occupied HU | 4,484 (35.8%) |
| Vacant Housing Units | 548 ( 4.4%) |
| Median Home Value | $574,433 |
| Average Home Value | $644,712 |
Housing Distribution
Address Breakdown
Residential
12,172
Single Family
10,007
Multi-Family
2,165
Businesses
238
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Listed by: Ronda L Haase • Realty One Group Turn Key
Mls Name: NWMLS
Mls ID: #2409666