3619 Brookside Way W, University Place, WA, 98466 | 4.43% Rental Yield

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Rental Income

Ziffy Mortgage

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

Investment property for sale in University Place at 3619 Brookside Way W, University Place, WA, 98466 offers a 4.43% rental yield on a $1,300,000 purchase with $4,798/mo rent. 78% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,166 over five years. Portfolio math shows five-year ROI at 58.9% and total cumulative return in cash at $248,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,798/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1985

9,809 sqft lot

$N/A/sqft

No HOA

More details about the property

Perched above the Puget Sound, this remarkable University Place home offers sweeping, unobstructed views allowing for perfect sunsets over the water. Inside, natural light floods through walls of windows, highlighting real wood floors & an open layout. The updated kitchen shines w/ new cabinets, quartz, stainless appliances & a spacious island that anchors the great room. Glass doors lead to multiple decks & a large balcony where indoor/outdoor living connect seamlessly. The backyard is equally inviting w/ tiered landscaping, turf & a generous deck perfect for gathering. Downstairs presents an opportunity for an ADU or additional bonus room, creating flexibility for extended living or rental income. UP schools & restaurants close by!

Neighborhood Data

Neighborhood data shown for ZIP Code: 98466, Tacoma, WA area.

Housing Distribution

Housing Statistics

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