1225 98th Lane SE, Olympia, WA, 98501 | 5.76% Rental Yield

For Sale

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 1225 98th Lane SE, Olympia, WA, 98501 generates $3,601/mo in rent, after a $3,671/mo payment. Total monthly income is $3,601/mo. Return on cash invested sits at 15.65% in year one, and rental yield is 5.76% on a $749,950 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,197 over five years. Five-year ROI reaches 79.71% and total cumulative return in cash sums $196,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,601/mo property income rather than buyer’s personal income.

Single Family

Built in 1996

5 Acres lot

$N/A/sqft

No HOA

More details about the property

If you're seeking a quiet, secluded and marvelous lifestyle with easy access to the city, this immaculately maintained open-concept home awaits. Picture yourself enjoying the tranquility of a cedar and pine forest, alive with songbirds, along protected land. Vaulted ceilings and expansive windows invite radiant natural light. Unwind in your large Roman tub with candlelight, towering views and whole-house music system. Thoughtfully designed kitchen with skylights and scenic views of playful fawns in your yard. Ample space to grow your garden. A young cherry tree and herb bed already await. When city conveniences call, you-re 8 minutes to I-5, 16 to Costco, Home Depot, Fred-Meyer, Walmart, restaurants and more. Online deliveries to your door.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.

Housing Distribution

Housing Statistics

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