Ballard Plan, Sleater CrossingOlympiaWA98506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ballard Plan, Sleater Crossing, Olympia, WA, 98506 priced at $649,995 pairs $3,930/mo rent with $23/mo cash flow after a $3,181/mo payment. Total monthly income equals $3,930/mo, and annual cash flow comes to $278/yr on $213,848 invested. Return on cash invested is 20.19% in year one, and rental yield stands at 7.26% on a $649,995 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,582 by year five. Five-year ROI measures 104.1% and total cumulative return in cash reaches $222,612. For financing, Ziffy Mortgage’s DSCR program evaluates $3,930/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A