6422 Pacific Avenue, Tacoma, WA, USA
Fair
65/100This is a solid deal — priced below the local market with healthy equity after repairs. Watch that the rental yield is thin the neighborhood scores low.
- 21% below area price per sqft
- $80k potential equity (16%)
- $547/mo positive cash flow
- Cap rate only 5.45%
- Neighborhood scores 59/100
Price vs. Market
ARV Assessment
Based on 4 recent sales within 0.5 miles, comparable multi-family homes of similar size traded between $315k and $395k. The subject's 1,473 sqft and 2bd/1ba layout supports a midpoint estimate of $362k.
2 more details
Property presents in moderate condition. Estimated rehab of $6k covers kitchen, baths, and systems.
Sales-comparison approach weighted by recency, proximity, and price-per-sqft, adjusted for condition and lot. Confidence: moderate.
Rental Income
Median area rent is $1,700/mo based on 7 comps. Standard deviation $393/mo indicates varied pricing in the area.
2 more details
Based on 7 comparable rentals within 4.0 miles of similar houses, monthly rents range from $1,490 (25th percentile) to $2,200 (75th percentile), with a median of $1,700.
Median + 25th/75th percentile of comparable Realtor.com rentals within 4.0 miles. Standard deviation: $393.
Financing Calculator
Neighborhood Profile
City Population
Get alerts for deals like this in Tacoma
We'll email you when matching off-market deals hit Offa's marketplace.
Similar Off-Market Deals Nearby
Full details available on Offa's marketplace.
