13773 Banner Road SEOlallaWA98359
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 Olalla at 13773 Banner Road SE, Olalla, WA, 98359 offers a 5.96% rental yield on a $680,000 purchase with $3,379/mo rent. 26% in year one. Equity gained on principal adds $4,388/yr while 5% annual appreciation supports $187,871 over five years. Portfolio math shows five-year ROI at 83.01% and total cumulative return in cash at $185,700. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,379/mo property income against a $3,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98359, Olalla, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,043 (100%) |
| Owner Occupied HU | 1,724 (84.4%) |
| Renter Occupied HU | 227 (11.1%) |
| Vacant Housing Units | 92 ( 4.5%) |
| Median Home Value | $682,055 |
| Average Home Value | $770,727 |
Housing Distribution
Address Breakdown
Residential
1,757
Single Family
1,757
Multi-Family
0
Businesses
109
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Listed by: Carla Mucha • Neighborhood Experts Real Est.
Mls Name: NWMLS
Mls ID: #2433013