Savannah Plan, Sleater Crossing, Olympia, WA, 98506 | 3.76% Rental Yield

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Savannah Plan, Sleater Crossing, Olympia, WA, 98506 | 3.76% Rental Yield | Ziffy

For Sale

Listed for sale 7 days ago

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 Savannah Plan, Sleater Crossing, Olympia, WA, 98506 generates $2,154/mo in rent, after a $3,367/mo payment. Total monthly income is $2,154/mo. Return on cash invested sits at 9.56% in year one, and rental yield is 3.76% on a $687,995 entry. Equity gained on principal adds $4,440/yr, while 5% annual appreciation builds toward $190,080 over five years. Five-year ROI reaches 47.05% and total cumulative return in cash sums $106,503. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,154/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Timeless craftsmanship meets modern design in the Savannah plan! On the main floor, the clearly delineated dining room opens up into a spacious great room, punctuated by a delightful electric fireplace. The kitchen features an abundance of counter and storage space, including a center island and corner pantry. A large bedroom featuring an adjacent 3/4 bath completes the main floor. On the second floor, a primary suite features a generous bedroom, walk-in closet, and a sumptuous private bathroom. You'll also find three additional bedrooms and a spacious bonus room, bright with three large windows. The Savannah plan's timeless design and modern features will excite and delight your entire family!

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