








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in University Place at 4207 Olympic Boulevard W, University Place, WA, 98466 priced at $720,000 pairs $4,058/mo rent with after a $3,524/mo payment. Total monthly income equals $4,058/mo. Return on cash invested is 18.08% in year one, and rental yield stands at 6.76% on a $720,000 basis. Equity gained on principal adds $4,646/yr, and 5% annual appreciation accumulates to $198,923 by year five. Five-year ROI measures 93% and total cumulative return in cash reaches $220,303. For financing, Ziffy Mortgage’s DSCR program evaluates $4,058/mo property income against a $3,524/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
10,881 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 |
|---|---|---|
| 2025-06-12 | Sold | $720,000 |
| 2025-05-13 | Pending sale | $725,000 |
| 2025-05-02 | Listed for sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $7489.70 | 6.89% | $645,300 | 9.28% |
| 2023-10-11 | $7006.83 | -1.52% | $590,500 | -6.91% |
| 2022-10-11 | $7114.69 | 9.59% | $634,300 | 23.19% |



Listed by: Carson Stewart • Engel & Voelkers Chambers Bay
Mls Name: NWMLS
Mls Provider:
Mls ID: #2368906
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)