Tacoma Creative Deal — Low Rate Cash Flow
Asking Price
$345,000
Unknown
Monthly Rent
$2,500/mo
Annual Income
$30,000
NOI
$30,000/yr
Cap Rate
8.70%
Bedrooms
3
Bathrooms
1
Sq Ft
750
Year Built
1949
Property Type
Single Family
Condition
Needs Work
Lot Size
4,996 Square Feet
An off-market creative finance opportunity in Tacoma, WA, offering significant cash flow potential with an attractive interest rate well below current market averages. This deal is structured for long-term portfolio builders focusing on financing advantages rather than an immediate equity play. The property is a 3-bedroom, 1-bathroom home with approximately 750 square feet. It is currently tenant-occupied, generating $2,500 per month in rent, though eviction proceedings are underway with a 30-day notice already served. Investors can capitalize on the low 4.5% interest rate, providing a strong cash-on-cash return with monthly rent exceeding the PITI. This presents a low entry cost opportunity through reinstatement rather than a large down payment, making it ideal for buy-and-hold strategies or those looking to stabilize and then refinance or hold for long-term growth. Buyer to independently verify square footage, lot size, and zoning.
Asking Price
$345,000
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