Cottonwood Plan, Heritage GardensTacomaWA98404
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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 Tacoma at Cottonwood Plan, Heritage Gardens, Tacoma, WA, 98404 priced at $541,900 converts $3,136/mo rent into after a $2,652/mo obligation. Total monthly income equals $3,136/mo. Return on cash invested prints 19.25% in year one, and rental yield reads 6.94% against a $541,900 entry. Equity gained on principal adds $3,497/yr, while 5% annual appreciation compiles into $149,717 by year five. Five-year ROI reaches 99.01% and total cumulative return in cash sums $176,519. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,136/mo property income covering a $2,652/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98404, Tacoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,577 (100%) |
| Owner Occupied HU | 7,615 (60.5%) |
| Renter Occupied HU | 4,516 (35.9%) |
| Vacant Housing Units | 446 ( 3.5%) |
| Median Home Value | $493,245 |
| Average Home Value | $530,997 |
Housing Distribution
Address Breakdown
Residential
11,898
Single Family
10,846
Multi-Family
1,052
Businesses
328
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Listed by: N/A • LGI Homes
Mls Name: LGI Homes
Mls Provider:
Mls ID: #N/A