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Fircrest, WA | City Real Estate Market Analysis

Fircrest, Pierce County, Washington
City Analysis Real Estate Market WA Pierce County
Fircrest
Market Insight

Fircrest, WA Investment Potential Analysis

Market analysis for Fircrest, WA will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

Avg. Home Value
🏠 Median residential property value in Fircrest.
1.01%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$83,419
Avg. Household Income
💵 Average annual household income in the area.
6,647
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Fircrest, WA Real Estate Market Property Overview

  • Real estate market overview for Fircrest, WA, Pierce County
  • Population of 6,647
  • Average household income of $83,419
  • Property tax rate of 1.01%
  • Median resident age of 40.40

Property Details

City Fircrest State Washington
County Pierce Country USA
Population 6,647 Median Age 40.40
Avg. Household Income $83,419 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 1.01%
Top Industries N/A Economic Overview N/A
Coordinates 47.2307, -122.5157 Properties Listed 0

Model investment returns using Fircrest, WA market data as defaults

25%
5.0%
30 years
1.01%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

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💵Cash on Cash Return

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🚀Internal Rate of Return

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🏛️Property Tax Analysis

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* Calculations use Fircrest, WA median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating…
Projected difference

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For Fircrest, WA Income Property

Key questions for informed investment decisions

What makes Fircrest, WA an attractive market for real estate investment? +
Fircrest's strong economy, with a median household income of $83,419 and a low poverty rate of 5.1%, combined with its diverse population, including a significant White and Asian demographic, suggests a stable and growing market. The city's top industries, such as Health Care & Social Assistance and Retail Trade, also indicate a robust employment sector, which is further supported by a high health insurance coverage rate of 96.2%.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Fircrest? +
The average commute time of 24.4 minutes in Fircrest, with a majority of residents driving alone or working from home, indicates a relatively convenient and flexible transportation infrastructure. This, combined with a high health insurance coverage rate and a low poverty rate, suggests a good quality of life for residents, making it an attractive location for potential renters and investors. The city's diverse population, with top ethnicities including White, Asian, and Two Or More, also contributes to a vibrant and inclusive community.
What are the key factors that contribute to the stability of the housing market in Fircrest? +
The stability of the housing market in Fircrest can be attributed to a combination of factors, including a high homeownership rate of 73.2%, a relatively low poverty rate of 5.1%, and a strong economy with top industries like Health Care & Social Assistance and Retail Trade. Additionally, the city's median property value of $373,400 and median property taxes of $3,341 suggest a balanced and sustainable housing market, which is further supported by a high health insurance coverage rate of 96.2% and a diverse population with a significant foreign-born rate of 8.5%.
How does the demographic diversity of Fircrest impact the demand for housing and rental properties? +
The demographic diversity of Fircrest, with top ethnicities including White, Asian, and Two Or More, contributes to a vibrant and inclusive community, which can drive demand for housing and rental properties. The city's relatively high median household income of $83,419 and low poverty rate of 5.1% also suggest a strong and stable rental market, with a significant portion of the population likely to be seeking rental properties. Furthermore, the city's diverse population and strong economy, with a high employment rate and low unemployment rate, indicate a growing and dynamic market with opportunities for real estate investment.
What are the implications of Fircrest's income inequality and poverty rate for real estate investors? +
Fircrest's income inequality, as measured by the GINI coefficient of 0.382, and poverty rate of 5.1% suggest a relatively stable and equitable economy. The high health insurance coverage rate of 96.2% also indicates a strong social safety net, which can contribute to a stable and secure rental market. Additionally, the city's diverse population and strong economy, with top industries like Health Care & Social Assistance and Retail Trade, suggest a growing and dynamic market with opportunities for real estate investment, particularly in areas with high demand for housing and rental properties.
What are some of the best neighborhoods to live in Fircrest? +
Some of the best neighborhoods to live in Fircrest include the central parts of the city, which tend to be more desirable, as well as the west regions, which offer more affordable homes. Neighborhoods like NE 12th Way and NE 16th St have single-family homes and apartment complexes with a range of prices.
What are some fun things to do in Fircrest? +
There are plenty of fun things to do in Fircrest, including visiting the Haunted Farmers Market, exploring the Lael's Moon Garden Nursery, and playing a round of golf at the Fircrest Golf Course. You can also check out the Kobayashi Park, On Safari - In, and the Tacoma Rc Raceway for some outdoor activities.
What is the food scene like in Fircrest? +
The food scene in Fircrest is diverse and offers a range of options, including restaurants like Kimchi Box, Spring Lake Cafe, and Howdy Bagel. You can also find seafood at Duke's Tacoma, and try some kebabs at Quality Kebab House. There are also plenty of great food trucks and delivery options available through Uber Eats.
What are the pros and cons of living in Fircrest? +
The pros of living in Fircrest include its dense suburban feel, plenty of restaurants and coffee shops, and community parks. However, some cons include the high cost of living, with median house prices around $332,512, and the potential for traffic and noise from nearby highways. Overall, Fircrest is a great option for those who want a mix of urban and suburban living.
Is Fircrest a good place to live? +
Fircrest is a great place to live for those who want a dense suburban feel with plenty of amenities. The city has a strong sense of community, with plenty of parks and outdoor activities, as well as a range of restaurants and shops. While it may have some drawbacks, such as high costs and traffic, overall Fircrest is a desirable place to call home.

Things Near Fircrest, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Fircrest

Fircrest, WA is a stable investment market with a median household income of $83,419 and relatively low poverty rate of 5.1%. This market tends to attract families and professionals, given its high median age of 40.4 and top industries in health care and social assistance. The 8.5% foreign-born rate and diverse ethnic makeup, with 83.1% White, 6.5% Asian, and 4.2% Two Or More, contribute to a unique cultural landscape. However, the 34.4% of renters paying more than 30% of their income on rent suggests some risk of affordability issues. The average commute time of 24.4 minutes is relatively short, with 83.5% of residents driving alone and 8.1% working from home. With a high health insurance coverage rate of 96.2%, residents generally have access to quality healthcare. The top industries, including retail trade and professional services, provide a stable economic foundation. Considering the median property value of $373,400 and median property taxes of $3,341, investors should weigh the potential for long-term growth against the current market conditions. Overall, Fircrest offers a mix of stability, diversity, and opportunities for investment, but it's essential to carefully consider the local dynamics and potential challenges.

Population 6,647
Median Age 40.40
Avg. Household Income $83,419
Investor Materials

Access the REI Capital investment overview

Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

Access Investment Materials