524 4th Avenue SWOlympiaWA98512
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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
Total monthly income runs $2,574/mo, and a $2,863/mo payment. Purchase price stands at $585,000, and rental yield measures 5.28% with $2,574/mo rent. Return on cash invested shows 14.19% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 71.88% and total cumulative return in cash records $138,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,574/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.36 Acres 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: Marti Baker • MVP Realty Group
Mls Name: NWMLS
Mls ID: #2470220