704 7th Avenue 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 704 7th Avenue SW, Tumwater, WA, 98512 uses $160,446 cash to close to unlock $8,562/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $3,623/mo, and a $2,369/mo payment keeps the spread at $714/mo. Purchase price stands at $484,000, and rental yield measures 8.98% with $3,623/mo rent. Return on cash invested shows 25.25% in year one, and 5% annual appreciation builds toward $133,720 over five years. Five-year ROI reaches 131.23% and total cumulative return in cash records $210,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,623/mo property income covering a $2,369/mo payment rather than investor’s personal income.
Single Family
Built in 2007
5,514 sqft 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: Missy Watts • Olympic Sotheby's Int'l Realty
Mls Name: NWMLS
Mls ID: #2425088