220 Israel Road SW #E10TumwaterWA98501
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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 Tumwater at 220 Israel Road SW #E10, Tumwater, WA, 98501 generates $2,087/mo in rent and, after a $1,542/mo payment, leaves $193/mo in cash flow. Total monthly income is $2,087/mo, and annual cash flow is $2,319/yr on $104,423 invested. Return on cash invested sits at 22.13% in year one, and rental yield is 7.95% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 114.56% and total cumulative return in cash sums $119,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,087/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A 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: Tammy Adams • Virgil Adams Real Estate, Inc.
Mls Name: NWMLS
Mls ID: #2437031