








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $2,108/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 5.62% with $2,108/mo rent. Return on cash invested shows 9.56% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 49.13% and total cumulative return in cash records $73,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,108/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
$611 monthly HOA
Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,322 (100%) |
| Owner Occupied HU | 12,616 (59.2%) |
| Renter Occupied HU | 7,848 (36.8%) |
| Vacant Housing Units | 858 ( 4.0%) |
| Median Home Value | $574,804 |
| Average Home Value | $591,558 |
Residential
20,128
Single Family
17,521
Multi-Family
2,607
Businesses
1,559
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $450,000 |
| 2020-03-14 | Listing removed | $1,850 |
| 2020-02-12 | Listed for rent | $1,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | N/A | N/A | $423,100 | -6.08% |
| 2023-03-13 | $4712.84 | 4.08% | $450,500 | -0.73% |
| 2022-03-13 | $4528.21 | 0.64% | $453,800 | 20.53% |



Listed by: Barb Muirhead • Van Dorm Realty, Inc
Mls Name: NWMLS
Mls Provider:
Mls ID: #2342568
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)