








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 4808 97th Avenue W #8D, University Place, WA, 98467 earns $455/mo cash flow from $2,682/mo rent with a $1,488/mo payment. Total monthly income totals $2,682/mo, and annual cash flow totals $5,454/yr on $100,776 capital. ROI tracks 25.32% on current figures, and rental yield reads 10.59% at a $304,000 purchase. Equity gained on principal adds $1,962/yr, and 5% annual appreciation supports $83,990 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash sums $134,420. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,682/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood data shown for ZIP Code: 98467, University Place, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,628 (100%) |
| Owner Occupied HU | 3,750 (56.6%) |
| Renter Occupied HU | 2,700 (40.7%) |
| Vacant Housing Units | 178 ( 2.7%) |
| Median Home Value | $624,257 |
| Average Home Value | $649,724 |
Residential
6,656
Single Family
4,559
Multi-Family
2,097
Businesses
120
Date | Event | Price |
|---|---|---|
| 2025-09-29 | Sold | $304,000 |
| 2025-08-29 | Pending sale | $300,000 |
| 2025-08-14 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $1691.05 | -8.75% | $176,400 | 3.37% |
| 2023-10-16 | $1853.17 | -60.42% | $170,650 | -29.00% |
| 2022-10-16 | $4681.99 | 115.86% | $240,350 | 12.89% |



Listed by: Abbey Beal • Redfin
Mls Name: NWMLS
Mls Provider:
Mls ID: #2419076
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)