3711 Grandview Drive WUniversity PlaceWA98466
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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
Investment property for sale in University Place at 3711 Grandview Drive W, University Place, WA, 98466 listed at $649,950 pairs $3,589/mo rent with a $3,181/mo payment. Total monthly income runs $3,589/mo. Return on cash invested measures 18.28% in year one, and rental yield registers 6.63% at a $649,950 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,569 by year five. Five-year ROI tracks 93.83% and total cumulative return in cash totals $200,650. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,589/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
8,015
Multi-Family
4,692
Businesses
792
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Listed by: Q Pham • Dove Realty, Inc.
Mls Name: NWMLS
Mls ID: #2470498