1832 Fairview Street NEOlympiaWA98506
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 1832 Fairview Street NE, Olympia, WA, 98506 at $369,900 posts ROI 22.07% with $221/mo cash flow from $2,444/mo rent. Total monthly income equals $2,444/mo, and annual cash flow records $2,651/yr on $122,622 to close. Return on cash invested measures 22.07% and rental yield reads 7.93% at the current $369,900. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 by year five. Five-year ROI prints 114.2% and total cumulative return in cash totals $140,038.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,444/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98506, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,575 (100%) |
| Owner Occupied HU | 5,252 (61.2%) |
| Renter Occupied HU | 3,001 (35.0%) |
| Vacant Housing Units | 322 ( 3.8%) |
| Median Home Value | $598,942 |
| Average Home Value | $672,860 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
7,356
Multi-Family
1,223
Businesses
519
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Listed by: Christa Harvey • Integris Real Estate
Mls Name: NWMLS
Mls ID: #2457387