415 W Street SETumwaterWA98501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tumwater at 415 W Street SE, Tumwater, WA, 98501 at $435,000 posts ROI 21.22% with $157/mo cash flow from $2,772/mo rent. Total monthly income equals $2,772/mo, and annual cash flow records $1,887/yr on $144,203 to close. Return on cash invested measures 21.22% and rental yield reads 7.65% at the current $435,000. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 by year five. Five-year ROI prints 109.64% and total cumulative return in cash totals $158,100.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,772/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,322 (100%) |
| Owner Occupied HU | 12,616 (59.2%) |
| Renter Occupied HU | 7,848 (36.8%) |
| Vacant Housing Units | 858 ( 4.0%) |
| Median Home Value | $574,804 |
| Average Home Value | $591,558 |
Housing Distribution
Address Breakdown
Residential
20,128
Single Family
17,521
Multi-Family
2,607
Businesses
1,559
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Listed by: Lauren Quackenbush • Engel & Voelkers North Tacoma
Mls Name: NWMLS
Mls ID: #2417691