7445 Katie Road NWOlympiaWA98502
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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 7445 Katie Road NW, Olympia, WA, 98502 priced at $408,000 pairs $2,849/mo rent with $396/mo cash flow after a $1,997/mo payment. Total monthly income equals $2,849/mo, and annual cash flow comes to $4,757/yr on $135,252 invested. Return on cash invested is 23.43% in year one, and rental yield stands at 8.38% on a $408,000 basis. Equity gained on principal adds $2,633/yr, and 5% annual appreciation accumulates to $112,723 by year five. Five-year ROI measures 121.49% and total cumulative return in cash reaches $164,311. For financing, Ziffy Mortgage’s DSCR program evaluates $2,849/mo property income against a $1,997/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98502, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,410 (100%) |
| Owner Occupied HU | 8,622 (52.5%) |
| Renter Occupied HU | 6,848 (41.7%) |
| Vacant Housing Units | 940 ( 5.7%) |
| Median Home Value | $624,493 |
| Average Home Value | $686,725 |
Housing Distribution
Address Breakdown
Residential
15,624
Single Family
12,821
Multi-Family
2,803
Businesses
966
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Listed by: Nichole Gottbreht • RE/MAX Parkside Affiliates
Mls Name: NWMLS
Mls Provider:
Mls ID: #2362963
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)