5002 66th Avenue W, University Place, WA, 98467 | 6.29% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in University Place at 5002 66th Avenue W, University Place, WA, 98467 generates $3,380/mo in rent, after a $3,157/mo payment. Total monthly income is $3,380/mo. Return on cash invested sits at 17.25% in year one, and rental yield is 6.29% on a $645,000 entry. Equity gained on principal adds $4,162/yr, while 5% annual appreciation builds toward $178,202 over five years. Five-year ROI reaches 88.3% and total cumulative return in cash sums $187,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,380/mo property income rather than buyer’s personal income.

Single Family

Built in 1967

10,001 sqft lot

$N/A/sqft

No HOA

More details about the property

Impeccably cared-for & move-in ready, this bright, airy 3-bedroom, 1.75-bath home offers comfort & style inside & out. The open layout features spacious living & dining areas filled with natural light & clean finishes. Bedrooms are generous & serene, with a private primary suite for relaxation. Enjoy upgraded Champion Windows throughout for efficiency and quiet. Step outside to your own zen-inspired retreat with a cascading water fountain, lush landscaping and a large deck with gazebo, perfect for gatherings or year-round enjoyment. Set within the highly sought-after University Place School District, this home offers a blend of tranquility, quality, and convenience near parks, shopping, and top-rated schools and heated garage!

Neighborhood Data

Neighborhood data shown for ZIP Code: 98467, University Place, WA area.

Housing Distribution

Housing Statistics

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