5527 Bridgeport Way W #BUniversity PlaceWA98467
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 5527 Bridgeport Way W #B, University Place, WA, 98467 listed at $348,000 pairs $2,698/mo rent with a $1,703/mo payment to leave $606/mo cash flow. Total monthly income runs $2,698/mo, and annual cash flow reaches $7,277/yr on $115,362 cash to close. Return on cash invested measures 26.22% in year one, and rental yield registers 9.3% at a $348,000 basis. Equity gained on principal adds $2,246/yr, and annual property appreciation at 5% supports $96,146 by year five. Five-year ROI tracks 136.44% and total cumulative return in cash totals $157,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,698/mo property income relative to a $1,703/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
4,090 sqft lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Kristin Robinson • Engel & Voelkers Chambers Bay
Mls Name: NWMLS
Mls ID: #2410878