4312 Meridian Road NEOlympiaWA98516
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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 4312 Meridian Road NE, Olympia, WA, 98516 listed at $350,000 pairs $2,236/mo rent with a $1,713/mo payment to leave $132/mo cash flow. Total monthly income runs $2,236/mo, and annual cash flow reaches $1,586/yr on $116,025 cash to close. Return on cash invested measures 21.28% in year one, and rental yield registers 7.67% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 109.96% and total cumulative return in cash totals $127,586. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,236/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1979
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,914 (100%) |
| Owner Occupied HU | 8,504 (65.9%) |
| Renter Occupied HU | 3,718 (28.8%) |
| Vacant Housing Units | 692 ( 5.4%) |
| Median Home Value | $607,295 |
| Average Home Value | $636,201 |
Housing Distribution
Address Breakdown
Residential
12,784
Single Family
10,957
Multi-Family
1,827
Businesses
682
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Listed by: Desiree Ley • Blade Realty LLC
Mls Name: NWMLS
Mls ID: #2444068