








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in University Place at 8309 Cirque Drive W #8, University Place, WA, 98467 listed at $297,000 pairs $2,873/mo rent with a $1,454/mo payment to leave $420/mo cash flow. Total monthly income runs $2,873/mo, and annual cash flow reaches $5,045/yr on $98,456 cash to close. Return on cash invested measures 25.03% in year one, and rental yield registers 11.61% at a $297,000 basis. Equity gained on principal adds $1,916/yr, and annual property appreciation at 5% supports $82,056 by year five. Five-year ROI tracks 133.07% and total cumulative return in cash totals $131,010. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,873/mo property income relative to a $1,454/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1975
N/A lot
$N/A/sqft
$586 monthly HOA
Neighborhood data shown for ZIP Code: 98467, University Place, WA area.
| 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 |
Residential
6,656
Single Family
4,559
Multi-Family
2,097
Businesses
120
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Sold | $297,000 |
| 2025-09-03 | Pending sale | $315,000 |
| 2025-07-25 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $3465.07 | 9.04% | $289,700 | 10.03% |
| 2023-10-26 | $3177.72 | 5.68% | $263,300 | N/A |
| 2022-10-26 | $3006.80 | 2.46% | $263,300 | 14.98% |



Listed by: Elisa Pierce • Engel & Voelkers Chambers Bay
Mls Name: NWMLS
Mls Provider:
Mls ID: #2412609
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 03:04:17 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)