122 Veranda Lane SEOlympiaWA98513
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 Olympia at 122 Veranda Lane SE, Olympia, WA, 98513 at $504,950 posts ROI 18.41% with from $2,952/mo rent. Total monthly income equals $2,952/mo. Return on cash invested measures 18.41% and rental yield reads 7.02% at the current $504,950. Equity gained on principal adds $3,258/yr, and 5% annual appreciation supports $139,508 by year five. Five-year ROI prints 94.95% and total cumulative return in cash totals $157,742. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,952/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
3,889 sqft lot
$N/A/sqft
$145 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98513, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,819 (100%) |
| Owner Occupied HU | 11,004 (69.6%) |
| Renter Occupied HU | 4,082 (25.8%) |
| Vacant Housing Units | 733 ( 4.6%) |
| Median Home Value | $550,463 |
| Average Home Value | $601,450 |
Housing Distribution
Address Breakdown
Residential
13,648
Single Family
13,264
Multi-Family
384
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Carr • Lennar Sales Corp.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2419659
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)