2903 Trevue Avenue SWOlympiaWA98512
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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 2903 Trevue Avenue SW, Olympia, WA, 98512 with 5% annual appreciation on a $389,950 basis while $2,519/mo rent supports operations. Total monthly income totals $2,519/mo and a $1,909/mo payment preserves $175/mo for cash returns. Annual cash flow comes to $2,095/yr on $129,268 deployed, and return on cash invested reaches 21.53% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,736 alongside rental yield of 7.75%. Five-year ROI measures 111.31% and total cumulative return in cash totals $143,885.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,519/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1982
0.29 Acres 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: Mark Varvaryuk • eXp Realty
Mls Name: NWMLS
Mls ID: #2449599