7815 Royal Oak Dr SEOlympiaWA98503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $2,828/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 6.94% with $2,828/mo rent. Return on cash invested shows 19.09% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 98.18% and total cumulative return in cash records $159,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,828/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 1982
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98503, Lacey, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,864 (100%) |
| Owner Occupied HU | 9,569 (53.6%) |
| Renter Occupied HU | 7,421 (41.5%) |
| Vacant Housing Units | 874 ( 4.9%) |
| Median Home Value | $489,421 |
| Average Home Value | $552,195 |
Housing Distribution
Address Breakdown
Residential
17,227
Single Family
14,773
Multi-Family
2,454
Businesses
707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Farness • Bushnell Real Estate Solutions
Mls Name: NWMLS
Mls ID: #2472976