821 Roosevelt Street NEOlympiaWA98506
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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
Investment property for sale in Olympia at 821 Roosevelt Street NE, Olympia, WA, 98506 at $425,000 posts ROI 16.17% with from $2,116/mo rent. Total monthly income equals $2,116/mo. Return on cash invested measures 16.17% and rental yield reads 5.97% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 82.59% and total cumulative return in cash totals $116,357. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,116/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
6,224 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98506, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,575 (100%) |
| Owner Occupied HU | 5,252 (61.2%) |
| Renter Occupied HU | 3,001 (35.0%) |
| Vacant Housing Units | 322 ( 3.8%) |
| Median Home Value | $598,942 |
| Average Home Value | $672,860 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
7,356
Multi-Family
1,223
Businesses
519
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Listed by: Abbie Andersen • Redfin
Mls Name: NWMLS
Mls ID: #2463649