5413 53rd Street WUniversity PlaceWA98467
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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
Investment Highlights
Total monthly income runs $4,805/mo, and a $4,160/mo payment. Purchase price stands at $850,000, and rental yield measures 6.78% with $4,805/mo rent. Return on cash invested shows 18.76% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 96.38% and total cumulative return in cash records $269,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,805/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 2024
8,110 sqft lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
6,656
Single Family
4,559
Multi-Family
2,097
Businesses
120
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-15 | Sold | $850,000 |
| 2025-06-16 | Pending sale | $849,980 |
| 2025-06-12 | Listed for sale | $849,980 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $4866.39 | 111.18% | $197,600 | 0.61% |
| 2023-10-24 | $2304.36 | -47.71% | $196,400 | -2.72% |
| 2022-10-24 | $4406.90 | 4.53% | $201,900 | 24.48% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: Craftsman
- Building Area: 2,510
- Living Area: 2,510 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Fireplace, Forced Air, Heat Pump, Electric
- Cooling: Forced Air, Heat Pump
- Flooring: Laminate, Vinyl Plank, Carpet
- Interior Features: Bath Off Primary, Walk-In Pantry
- Exterior Features: N/A
- Parking Features: Attached Garage
Location
- City: University Place
- State: WA
- Subdivision: University Place
- Lot Size: 8,110 sqft
- Lot Features: Paved, Cable TV, Fenced-Fully, High Speed Internet, Patio
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sewer Connected
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Listed by: David Quantrell • eXp Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2391166
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 22:44:37 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)