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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 4424 97th Avenue W #17A, University Place, WA, 98466 listed at $290,000 pairs $2,425/mo rent with a $1,419/mo payment to leave $89/mo cash flow. Total monthly income runs $2,425/mo, and annual cash flow reaches $1,067/yr on $96,135 cash to close. Return on cash invested measures 21.02% in year one, and rental yield registers 10.03% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 111.25% and total cumulative return in cash totals $106,948. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,425/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
N/A lot
$N/A/sqft
$500 monthly 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 |
|---|---|---|
| 2025-09-26 | Sold | $290,000 |
| 2025-09-21 | Pending sale | $299,950 |
| 2025-09-13 | Price change | $299,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $3555.74 | 4.94% | $296,500 | 5.25% |
| 2023-10-24 | $3388.35 | -0.71% | $281,700 | -6.29% |
| 2022-10-24 | $3412.58 | 7.91% | $300,600 | 21.36% |
Listed by: Michelle Walden • Berkshire Hathaway HS SSP
Mls Name: NWMLS
Mls Provider:
Mls ID: #2423266
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 02:59:08 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
