








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


Investment property for sale in Olympia at 1111 Archwood Drive SW #237, Olympia, WA, 98502 offers a 9.02% rental yield on a $119,000 purchase with $894/mo rent. Total monthly income registers $894/mo, and a $582/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,149/yr on $39,449 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 131.94% and total cumulative return in cash at $52,049. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $894/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98502, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,410 (100%) |
| Owner Occupied HU | 8,622 (52.5%) |
| Renter Occupied HU | 6,848 (41.7%) |
| Vacant Housing Units | 940 ( 5.7%) |
| Median Home Value | $624,493 |
| Average Home Value | $686,725 |
Residential
15,624
Single Family
12,821
Multi-Family
2,803
Businesses
966
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Hunter Sipe • Coldwell Banker Evergreen
Mls Name: NWMLS
Mls ID: #2452531