4641 67th Avenue Ct WUniversity PlaceWA98466
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4641 67th Avenue Ct W, University Place, WA, 98466 offers a 6.77% rental yield on a $574,950 purchase with $3,242/mo rent. 7% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,848 over five years. Portfolio math shows five-year ROI at 96.09% and total cumulative return in cash at $181,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,242/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
7,753 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sofia Epps • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2402071