22044 Clear Lake Boulevard 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
Investment property for sale in Yelm at 22044 Clear Lake Boulevard SE, Yelm, WA, 98597 uses $107,738 cash to close to unlock $3,337/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $2,232/mo, and a $1,591/mo payment keeps the spread at $278/mo. Purchase price stands at $325,000, and rental yield measures 8.24% with $2,232/mo rent. Return on cash invested shows 23.01% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 119.26% and total cumulative return in cash records $128,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,232/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.81 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: Beverly M. Fincham • Better Properties Soundview
Mls Name: NWMLS
Mls ID: #2458547