4045 49th Avenue SW #12OlympiaWA98512
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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
Rental property for sale in Olympia at 4045 49th Avenue SW #12, Olympia, WA, 98512 generates $1,204/mo in rent and, after a $759/mo payment, leaves $272/mo in cash flow. Total monthly income is $1,204/mo, and annual cash flow is $3,263/yr on $51,383 invested. Return on cash invested sits at 26.26% in year one, and rental yield is 9.32% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 136.68% and total cumulative return in cash sums $70,228. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,204/mo property income rather than buyer’s personal income.
Manufactured
Built in 2012
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: Kelly Melberg • CENTURY 21 Lund, Realtors
Mls Name: NWMLS
Mls ID: #2463347