1913 Greenfield Street SEOlympiaWA98501
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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 Olympia at 1913 Greenfield Street SE, Olympia, WA, 98501 uses $174,337 cash to close to unlock $207/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $3,203/mo, and a $2,594/mo payment keeps the spread at $17/mo. Purchase price stands at $529,900, and rental yield measures 7.25% with $3,203/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 104.04% and total cumulative return in cash records $181,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,203/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 1999
5,776 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,322 (100%) |
| Owner Occupied HU | 12,616 (59.2%) |
| Renter Occupied HU | 7,848 (36.8%) |
| Vacant Housing Units | 858 ( 4.0%) |
| Median Home Value | $574,804 |
| Average Home Value | $591,558 |
Housing Distribution
Address Breakdown
Residential
20,128
Single Family
17,521
Multi-Family
2,607
Businesses
1,559
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Listed by: Bruce Batson • Coldwell Banker Evergreen
Mls Name: NWMLS
Mls ID: #2425999