900 Pheasant Road, University Place, WA, 98531 | 5.42% Rental Yield

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Price: $300K - 500K

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900 Pheasant Road, University Place, WA, 98531 | 5.42% Rental Yield | 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

Rental property for sale in University Place at 900 Pheasant Road, University Place, WA, 98531 priced at $649,000 converts $2,934/mo rent into after a $3,177/mo obligation. Total monthly income equals $2,934/mo. Return on cash invested prints 14.62% in year one, and rental yield reads 5.42% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 74.24% and total cumulative return in cash sums $158,508. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,934/mo property income covering a $3,177/mo payment, not borrower’s personal income.

Single Family

Built in 2017

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Step inside this elegant single-story home boasting 3 bedrooms and 2 full baths, discover a wealth of living space including dining room, a cozy family room, and bright inviting living room. The chef's kitchen with eating space and professional gas stove is a dream, while conveniences like a tankless water heater and heat pump ensure comfort and efficiency. Situated on an extra-large lot, the back yard is fully fenced and low-maintenance. The manicured lawn and outdoor spaces is an entertainer's delight with custom covered BBQ area and sundeck. Detached, insulated 720sf garage with ample storage. Home is surrounded with extensive level concrete and front door has accessible level approach. This is a one of a kind, special home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98531, Centralia, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,057 (100%)
Owner Occupied HU	6,565 (59.4%)
Renter Occupied HU	3,939 (35.6%)
Vacant Housing Units	553 ( 5.0%)
Median Home Value	$437,223
Average Home Value	$476,127