5012 Point Court SEOlympiaWA98513
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
Rental property for sale in Olympia at 5012 Point Court SE, Olympia, WA, 98513 generates $2,774/mo in rent and, after a $1,909/mo payment, leaves $430/mo in cash flow. Total monthly income is $2,774/mo, and annual cash flow is $5,154/yr on $129,285 invested. Return on cash invested sits at 23.9% in year one, and rental yield is 8.54% on a $389,999 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 124% and total cumulative return in cash sums $160,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,774/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
10,310 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98513, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,819 (100%) |
| Owner Occupied HU | 11,004 (69.6%) |
| Renter Occupied HU | 4,082 (25.8%) |
| Vacant Housing Units | 733 ( 4.6%) |
| Median Home Value | $550,463 |
| Average Home Value | $601,450 |
Housing Distribution
Address Breakdown
Residential
13,648
Single Family
13,264
Multi-Family
384
Businesses
71
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Listed by: Athena Hutt • Gateway Real Estate
Mls Name: NWMLS
Mls ID: #2424707