719 Mana Wana Place NETacomaWA98422
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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 719 Mana Wana Place NE, Tacoma, WA, 98422 priced at $800,000 converts $4,982/mo rent into $173/mo cash flow after a $3,916/mo obligation. Total monthly income equals $4,982/mo, and annual cash flow totals $2,072/yr on $263,200 invested. Return on cash invested prints 20.85% in year one, and rental yield reads 7.47% against a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 107.61% and total cumulative return in cash sums $283,220. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,982/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Single Family
Built in 1996
7,845 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,297
Multi-Family
673
Businesses
107
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Listed by: Danielle J Bidwell • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2428461