2322 44th Lane SWTumwaterWA98512
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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
Total monthly income runs $1,679/mo, and a $1,468/mo payment. Purchase price stands at $299,900, and rental yield measures 6.72% with $1,679/mo rent. Return on cash invested shows 18.41% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 94.65% and total cumulative return in cash records $94,096. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,679/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
7,644 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98512, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,604 (100%) |
| Owner Occupied HU | 9,222 (67.8%) |
| Renter Occupied HU | 3,991 (29.3%) |
| Vacant Housing Units | 391 ( 2.9%) |
| Median Home Value | $566,641 |
| Average Home Value | $597,686 |
Housing Distribution
Address Breakdown
Residential
12,888
Single Family
11,031
Multi-Family
1,857
Businesses
506
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Listed by: Christy L. Reynolds • WEICHERT, Realtors Reynolds RE
Mls Name: NWMLS
Mls ID: #2449622