409 Wana Wana Place NE, Tacoma, WA, 98422 | 5.73% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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409 Wana Wana Place NE, Tacoma, WA, 98422 | 5.73% Rental Yield | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Tacoma at 409 Wana Wana Place NE, Tacoma, WA, 98422 priced at $859,950 pairs $4,106/mo rent with after a $4,209/mo payment. Total monthly income equals $4,106/mo. Return on cash invested is 15.55% in year one, and rental yield stands at 5.73% on a $859,950 basis. Equity gained on principal adds $5,549/yr, and 5% annual appreciation accumulates to $237,588 by year five. Five-year ROI measures 79.2% and total cumulative return in cash reaches $224,065. For financing, Ziffy Mortgage’s DSCR program evaluates $4,106/mo property income against a $4,209/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2007

6,459 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover this charming 4-bedroom home in the heart of lower Browns Point, just one block from the beach. The bright and airy main floor boasts an open floorplan, seamlessly connecting a gourmet kitchen with the dining and living rooms, perfect for modern living. Entertain guests on the deck off the kitchen. Retreat to the primary suite, complete with Puget Sound views and a private deck, plus an adjacent bedroom ideal as a nursery, office, or reading room. Two additional bedrooms share a Jack & Jill bathroom. Features like air conditioning, real hardwoods, and granite countertops elevate the homes timeless appeal. Move-in ready and low-maintenance, this stylish gem wont last long. Act fast to claim this Browns Point treasure!

Neighborhood Data

Neighborhood data shown for ZIP Code: 98422, Tacoma, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,201 (100%)
Owner Occupied HU	6,169 (75.2%)
Renter Occupied HU	1,808 (22.0%)
Vacant Housing Units	224 ( 2.7%)
Median Home Value	$667,258
Average Home Value	$718,966