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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in University Place at 3509 Locust Avenue W, University Place, WA, 98466 earns from $4,543/mo rent with a $4,111/mo payment. Total monthly income totals $4,543/mo. ROI tracks 17.86% on current figures, and rental yield reads 6.49% at a $840,000 purchase. Equity gained on principal adds $5,420/yr, and 5% annual appreciation supports $232,077 over five years. Five-year ROI reaches 91.59% and total cumulative return in cash sums $253,130. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,543/mo property income instead of your personal income.
Single Family
Built in 1960
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98466, Tacoma, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,080 (100%) |
| Owner Occupied HU | 6,636 (50.7%) |
| Renter Occupied HU | 5,815 (44.5%) |
| Vacant Housing Units | 629 ( 4.8%) |
| Median Home Value | $641,352 |
| Average Home Value | $680,625 |
Residential
12,707
Single Family
8,015
Multi-Family
4,692
Businesses
792
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Erin Cawley • Van Dorm Realty, Inc
Mls Name: NWMLS
Mls ID: #2460141
