827 Old Pacific Highway 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 827 Old Pacific Highway SE, Olympia, WA, 98513 priced at $474,950 converts $3,264/mo rent into $409/mo cash flow after a $2,325/mo obligation. Total monthly income equals $3,264/mo, and annual cash flow totals $4,904/yr on $157,446 invested. Return on cash invested prints 23.02% in year one, and rental yield reads 8.25% against a $474,950 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,220 by year five. Five-year ROI reaches 119.31% and total cumulative return in cash sums $187,851. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,264/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 2006
10,855 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: Brandi Callahan • Rainier Valley Realty
Mls Name: NWMLS
Mls ID: #2461506