802 Silo Court SETumwaterWA98501
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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 Tumwater at 802 Silo Court SE, Tumwater, WA, 98501 priced at $760,000 pairs $3,034/mo rent with after a $3,720/mo payment. Total monthly income equals $3,034/mo. Return on cash invested is 12.7% in year one, and rental yield stands at 4.79% on a $760,000 basis. Equity gained on principal adds $4,904/yr, and 5% annual appreciation accumulates to $209,974 by year five. Five-year ROI measures 63.9% and total cumulative return in cash reaches $159,769. For financing, Ziffy Mortgage’s DSCR program evaluates $3,034/mo property income against a $3,720/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,322 (100%) |
| Owner Occupied HU | 12,616 (59.2%) |
| Renter Occupied HU | 7,848 (36.8%) |
| Vacant Housing Units | 858 ( 4.0%) |
| Median Home Value | $574,804 |
| Average Home Value | $591,558 |
Housing Distribution
Address Breakdown
Residential
20,128
Single Family
17,521
Multi-Family
2,607
Businesses
1,559
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Listed by: Helena O'Connell • RE/MAX Parkside Affiliates
Mls Name: NWMLS
Mls ID: #2439314