6510 87th Avenue WW University 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 W University Place at 6510 87th Avenue W, W University Place, WA, 98467 projects strong ROI of 3.31%. Rental yield 1.69%. With 5% annual appreciation, the property builds $603,675 in value over five years. Equity growth combined delivers a projected five-year ROI of 13.51%, translating into $95,638 in total cumulative return on $707,940 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2020
0.91 Acres 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: Michael Morrison • Morrison House Sotheby's Intl
Mls Name: NWMLS
Mls ID: #2406805