404 Edwards St SWYelmWA98597
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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 404 Edwards St SW, Yelm, WA, 98597 uses $144,534 cash to close to unlock $2,798/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $2,854/mo, and a $2,134/mo payment keeps the spread at $233/mo. Purchase price stands at $436,000, and rental yield measures 7.86% with $2,854/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $120,459 over five years. Five-year ROI reaches 113.01% and total cumulative return in cash records $163,334. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,854/mo property income covering a $2,134/mo payment rather than investor’s personal income.
Single Family
Built in 1980
N/A 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: N/A • N/A
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Mls ID: #N/A