9901 Mason Street SW, Olympia, WA, 98512 | 4.76% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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9901 Mason Street SW, Olympia, WA, 98512 | 4.76% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Olympia at 9901 Mason Street SW, Olympia, WA, 98512 generates $2,779/mo in rent, after a $3,426/mo payment. Total monthly income is $2,779/mo. Return on cash invested sits at 12.62% in year one, and rental yield is 4.76% on a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 63.47% and total cumulative return in cash sums $146,175. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,779/mo property income rather than buyer’s personal income.

Single Family

Built in 1972

4.55 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss this incredible property that perfectly blends comfort and functionality! The spacious home features brand-new flooring & fresh interior paint throughout. The main level offers a large living room with a fireplace, a kitchen, a dining area, a full bath, and two generously sized bedrooms. The lower level includes a huge family room, laundry area, full bath, bonus space, and an office with French doors. Outside, you'll find a 2-car garage, a carport, & an additional two-car carport for extra parking or storage. Enjoy the expansive deck, covered patio, and beautiful mature landscaping. The impressive barn includes 4 stalls, a hay loft, and a tack room. The stable area and round pen make this property a dream for horse enthusiasts.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98512, Olympia, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,604 (100%)
Owner Occupied HU	9,222 (67.8%)
Renter Occupied HU	3,991 (29.3%)
Vacant Housing Units	391 ( 2.9%)
Median Home Value	$566,641
Average Home Value	$597,686