8323 Cirque Drive W #4, University Place, WA, 98467 | $676/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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8323 Cirque Drive W #4, University Place, WA, 98467 | $676/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in University Place at 8323 Cirque Drive W #4, University Place, WA, 98467 uses $101,108 cash to close to unlock $8,117/yr annual cash flow and $676/mo monthly cash flow. Total monthly income runs $2,510/mo, and a $1,493/mo payment keeps the spread at $676/mo. Purchase price stands at $305,000, and rental yield measures 9.88% with $2,510/mo rent. Return on cash invested shows 27.94% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 145.68% and total cumulative return in cash records $147,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,510/mo property income covering a $1,493/mo payment rather than investor’s personal income.

Condo

Built in 1975

5,079 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover this beautifully maintained top-floor condo, featuring 2 bedrooms and 1.5 baths, located within a secure gated community. Spanning 933 sq ft, this home boasts a cozy wood-burning fireplace, a private balcony accessible from the eat-in kitchen, and an additional front deck for outdoor enjoyment. The spacious primary bedroom offers a walk-in closet and an en-suite half bath for added convenience. In-unit laundry enhances practicality, while a covered assigned parking space simplifies daily living.Residents can take advantage of community amenities, including an outdoor pool, a walking path, proximity to Chambers Bay and less than a mile to Cirque Park. The community also has secured boat/RV storage and an assigned storage unit.

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