9307 Snowberry Circle WUniversity PlaceWA98467
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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
Investment Highlights
Investment property for sale in University Place at 9307 Snowberry Circle W, University Place, WA, 98467 uses $184,076 cash to close to unlock $819/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $3,431/mo, and a $2,738/mo payment keeps the spread at $68/mo. Purchase price stands at $559,500, and rental yield measures 7.36% with $3,431/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $154,580 over five years. Five-year ROI reaches 105.78% and total cumulative return in cash records $194,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,431/mo property income covering a $2,738/mo payment rather than investor’s personal income.
Single Family
Built in 1969
7,509 sqft 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
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Listed by: Gervon Simon • COMPASS
Mls Name: NWMLS
Mls ID: #2411669