513 Hidden Forest Drive SE, Olympia, WA, 98513 | $205/mo Cash Flow

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513 Hidden Forest Drive SE, Olympia, WA, 98513 | $205/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Olympia at 513 Hidden Forest Drive SE, Olympia, WA, 98513 uses $157,463 cash to close to unlock $2,455/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $3,060/mo, and a $2,325/mo payment keeps the spread at $205/mo. Purchase price stands at $475,000, and rental yield measures 7.73% with $3,060/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 110.97% and total cumulative return in cash records $174,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,060/mo property income covering a $2,325/mo payment rather than investor’s personal income.

Single Family

Built in 1990

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

SELLER OFFERING $7,500 BUYER CREDIT! Ask about preferred lender 1% INTEREST RATE REDUCTION for a lower payment! Nestled at the top of a peaceful hill on a quiet cul-de-sac in a popular hawks prairie community, this charming two-story home offers 3 bedrooms & 2.5 baths + 3 living areas / flex spaces. The inviting living room flows into a spacious den/flex space leading to the thoughtfully designed kitchen with plentiful cabinets, SS appliances & farm sink opening up to another dining or family room with fireplace. A slider leads to the fully fenced HUGE backyard that backs to a lush greenbelt for added privacy. Primary suite with 5-piece bath and HUGE WIC. Ideally located near shops, parks & schools with easy access to I-5 & JBLM.

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