858 S Fife Street #1TacomaWA98405
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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 858 S Fife Street #1, Tacoma, WA, 98405 offers a 7.55% rental yield on a $340,000 purchase with $2,138/mo rent. Total monthly income registers $2,138/mo, and a $1,664/mo payment leaves $94/mo available for distribution. Annual cash flow reaches $1,132/yr on $112,710 to close, and return on cash invested stands at 20.91% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 108.01% and total cumulative return in cash at $121,734. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,138/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1968
4,299 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98405, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,817 (100%) |
| Owner Occupied HU | 4,859 (37.9%) |
| Renter Occupied HU | 7,052 (55.0%) |
| Vacant Housing Units | 906 ( 7.1%) |
| Median Home Value | $552,735 |
| Average Home Value | $608,483 |
Housing Distribution
Address Breakdown
Residential
11,258
Single Family
7,589
Multi-Family
3,669
Businesses
720
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Listed by: Ethan Wing • Windermere Central Sound
Mls Name: NWMLS
Mls ID: #2418340