7132 Hawks Prairie Road NEOlympiaWA98516
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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
Rental property for sale in Olympia at 7132 Hawks Prairie Road NE, Olympia, WA, 98516 generates $2,318/mo in rent, after a $2,691/mo payment. Total monthly income is $2,318/mo. Return on cash invested sits at 13.51% in year one, and rental yield is 5.06% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 68.27% and total cumulative return in cash sums $123,506. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,318/mo property income rather than buyer’s personal income.
Manufactured
Built in 1991
4.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,914 (100%) |
| Owner Occupied HU | 8,504 (65.9%) |
| Renter Occupied HU | 3,718 (28.8%) |
| Vacant Housing Units | 692 ( 5.4%) |
| Median Home Value | $607,295 |
| Average Home Value | $636,201 |
Housing Distribution
Address Breakdown
Residential
12,784
Single Family
10,957
Multi-Family
1,827
Businesses
682
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Listed by: Jason Munoz • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2435385