6008 57th Avenue WUniversity 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
Total monthly income runs $3,601/mo, and a $3,671/mo payment. Purchase price stands at $749,950, and rental yield measures 5.76% with $3,601/mo rent. Return on cash invested shows 15.65% in year one, and 5% annual appreciation builds toward $207,197 over five years. Five-year ROI reaches 79.71% and total cumulative return in cash records $196,682. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,601/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.31 Acres 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $749,950 |
| 2007-10-29 | Sold | $149,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | N/A | N/A | $209,680 | N/A |
| 2023-04-18 | $1204.04 | 3.66% | $209,680 | N/A |
| 2022-04-18 | $1161.48 | -82.45% | $209,680 | -60.00% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2008
- Architectural Style: N/A
- Building Area: 2,045
- Living Area: 2,045 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Fireplace(s), Forced Air
- Cooling: Central Air, Heat Pump
- Flooring: Ceramic Tile, Hardwood, Carpet, Wall to Wall Carpet
- Interior Features: Bath Off Primary, Central Vacuum, Dining Room, Vaulted Ceiling(s)
- Exterior Features: N/A
- Parking Features: Driveway, Attached Garage
Location
- City: University Place
- State: WA
- Subdivision: University Place
- Lot Size: 0.31 Acres
- Lot Features: Sidewalk, Fenced-Fully, Patio, Sprinkler System
- 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: Septic Tank
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Manitou Park
- Middle School: Gray
- High School: Mt Tahoma
Listed by: Marianna N Mikshanskiy • John L. Scott, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2361196
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)