5124 W Gray Sea Eagle SWTumwaterWA98512
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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 Tumwater at 5124 W Gray Sea Eagle SW, Tumwater, WA, 98512 uses $69,284 cash to close to unlock $1,771/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $1,404/mo, and a $1,023/mo payment keeps the spread at $148/mo. Purchase price stands at $209,000, and rental yield measures 8.06% with $1,404/mo rent. Return on cash invested shows 22.47% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 116.34% and total cumulative return in cash records $80,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,404/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
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: Will Champagne • Castle Realty Inc
Mls Name: NWMLS
Mls ID: #2427106