Ashland Plan, Elks Landing, Yelm, WA, 98597 | 5.16% Rental Yield

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Ashland Plan, Elks Landing, Yelm, WA, 98597 | 5.16% Rental Yield | Ziffy

For Sale

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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 Yelm at Ashland Plan, Elks Landing, Yelm, WA, 98597 priced at $950,000 pairs $4,084/mo rent with after a $4,650/mo payment. Total monthly income equals $4,084/mo. Return on cash invested is 13.81% in year one, and rental yield stands at 5.16% on a $950,000 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,467 by year five. Five-year ROI measures 69.9% and total cumulative return in cash reaches $218,462. For financing, Ziffy Mortgage’s DSCR program evaluates $4,084/mo property income against a $4,650/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Looking for privacy? Welcome to Elks Landing, Hansen Constructions newest 5 acre+ home sites. The Ashland is a 3000sqft rambler w/ double bonus rooms, main floor primary bedroom, 2 main floor guest bedrooms, upper floor guest bedroom w/ ensuite, media room , 3.5 bath and 3 car garage. Standard features include solid wood cabinets, quartz counter tops with under mount sinks throughout, solid core interior doors, painted 5" craftsman millwork, luxury plank floors in the all main floor common areas, tile floors and tub/shower surrounds in each bath. Enjoy entertaining from your large covered back patio. Front and back yard landscaping with irrigation is also included. Ask about the many different available shops plans that can be added.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98597, Yelm, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,336 (100%)
Owner Occupied HU	7,592 (73.5%)
Renter Occupied HU	2,255 (21.8%)
Vacant Housing Units	489 ( 4.7%)
Median Home Value	$514,069
Average Home Value	$570,806