719 Hawks Glen Drive SEOlympiaWA98513
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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 719 Hawks Glen Drive SE, Olympia, WA, 98513 offers $2,819/mo rent that, after a $1,835/mo payment, leaves $565/mo cash flow. Total monthly income is $2,819/mo, and annual cash flow is $6,783/yr on $124,313 cash. Return on cash invested measures 25.37% in year one, and rental yield stands at 9.02% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 131.89% and total cumulative return in cash reaches $163,959. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,819/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
9,064 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,648
Single Family
13,264
Multi-Family
384
Businesses
71
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Listed by: Marti Baker • MVP Realty Group
Mls Name: NWMLS
Mls ID: #2417824