13945 Morris Road SEYelmWA98597
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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
Rental property for sale in Yelm at 13945 Morris Road SE, Yelm, WA, 98597 generates $2,717/mo in rent, after a $2,442/mo payment. Total monthly income is $2,717/mo. Return on cash invested sits at 17.86% in year one, and rental yield is 6.53% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 91.63% and total cumulative return in cash sums $151,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,717/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
50.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98597, Yelm, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,336 (100%) |
| Owner Occupied HU | 7,592 (73.5%) |
| Renter Occupied HU | 2,255 (21.8%) |
| Vacant Housing Units | 489 ( 4.7%) |
| Median Home Value | $514,069 |
| Average Home Value | $570,806 |
Housing Distribution
Address Breakdown
Residential
9,376
Single Family
9,222
Multi-Family
154
Businesses
647
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Listed by: Catherine Christian • Terry Wise & Associates
Mls Name: NWMLS
Mls ID: #2418116