Bridgewater 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 Bridgewater Plan, Sleater Crossing, Olympia, WA, 98506 priced at $664,995 converts $4,048/mo rent into $50/mo cash flow after a $3,255/mo obligation. Total monthly income equals $4,048/mo, and annual cash flow totals $605/yr on $218,783 invested. Return on cash invested prints 20.34% in year one, and rental yield reads 7.3% against a $664,995 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,726 by year five. Five-year ROI reaches 104.87% and total cumulative return in cash sums $229,446. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,048/mo property income covering a $3,255/mo payment, not borrower’s personal income.
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