2535 70th Avenue SW #34OlympiaWA98512
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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 2535 70th Avenue SW #34, Olympia, WA, 98512 listed at $125,000 pairs $2,194/mo rent with a $612/mo payment to leave $1,442/mo cash flow. Total monthly income runs $2,194/mo, and annual cash flow reaches $17,309/yr on $41,438 cash to close. Return on cash invested measures 61.68% in year one, and rental yield registers 21.06% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 326.7% and total cumulative return in cash totals $135,377. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,194/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1991
N/A 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: Derek Johnson • Keller Williams Realty PS
Mls Name: NWMLS
Mls ID: #2410074