5735 SE Alpine RoadOlallaWA98359
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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 Olalla at 5735 SE Alpine Road, Olalla, WA, 98359 offers a 5.96% rental yield on a $749,777 purchase with $3,722/mo rent. 24% in year one. Equity gained on principal adds $4,838/yr while 5% annual appreciation supports $207,150 over five years. Portfolio math shows five-year ROI at 82.9% and total cumulative return in cash at $204,488. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,722/mo property income against a $3,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98359, Olalla, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,043 (100%) |
| Owner Occupied HU | 1,724 (84.4%) |
| Renter Occupied HU | 227 (11.1%) |
| Vacant Housing Units | 92 ( 4.5%) |
| Median Home Value | $682,055 |
| Average Home Value | $770,727 |
Housing Distribution
Address Breakdown
Residential
1,757
Single Family
1,757
Multi-Family
0
Businesses
109
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Listed by: James J Bergstrom • Paramount Real Estate Group
Mls Name: NWMLS
Mls Provider:
Mls ID: #2454702
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-31 04:59:09 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)