2002 Pleasure Drive SE, Tumwater, WA, 98501 | $184/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2002 Pleasure Drive SE, Tumwater, WA, 98501 | $184/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1960 sft

2024 Lorraine Drive SE, Olympia, WA, 98501

4 Bed
3 Bath
2836 sft

2606 Cooks Hill Road, Centralia, WA, 98531

4 Bed
2 Bath
2006 sft

7008 Southwick Court SW, Tumwater, WA, 98512

3 Bed
2 Bath
1715 sft

17215 Gibson Road SW, Tenino, WA, 98589

Nearby investment properties with comparable prices

3 Bed
2 Bath
1560 sft

9037 178th Avenue SW, Rochester, WA, 98579

4 Bed
3 Bath
2124 sft

9018 Viola Street SE, Tumwater, WA, 98501

3 Bed
2 Bath
1264 sft

17015 Moon Road SW, Rochester, WA, 98579

3 Bed
3 Bath
1404 sft

4240 88th Avenue SW, Olympia, WA, 98512

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Tumwater at 2002 Pleasure Drive SE, Tumwater, WA, 98501 offers a 7.61% rental yield on a $550,000 purchase with $3,490/mo rent. Total monthly income registers $3,490/mo, and a $2,692/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,206/yr on $180,950 to close, and return on cash invested stands at 21.28% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 109.92% and total cumulative return in cash at $198,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,490/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2011

4,373 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious 4 bedroom, 2.5 bathroom, home located near highly desirable Tumwater schools. The open layout offers flexibility, with a great room and large dining area on the main floor. You'll find a main floor 4th bed/office & walk-in closet and 1/2 bath. The generous kitchen features stainless steel appliances, a large island, extensive storage, ceramic tile counters, and a walk-in pantry. Upstairs, youll find an inviting loft/bonus area that can serve as an office, playroom or more living area, two additional bedrooms, a full bath, and a well-placed utility room with a sink. The oversized primary suite includes a 5-piece bath and a large walk-in closet for exceptional comfort. Two doors down from the community park!

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