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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1314 Evergreen Park Drive SW #D, Olympia, WA, 98502 listed at $385,000 pairs $2,472/mo rent with a $1,884/mo payment. Total monthly income runs $2,472/mo. Return on cash invested measures 17.42% in year one, and rental yield registers 7.7% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 90.68% and total cumulative return in cash totals $115,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,472/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
$350 monthly 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 |
|---|---|---|
| 2025-07-02 | Sold | $385,000 |
| 2025-06-06 | Pending sale | $405,000 |
| 2025-05-15 | Listed for sale | $405,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $4111.80 | 7.96% | $392,100 | 7.75% |
| 2023-10-28 | $3808.70 | 6.44% | $363,900 | 1.53% |
| 2022-10-28 | $3578.24 | -3.68% | $358,400 | 15.35% |
Listed by: Juliann Matson • Van Dorm Realty, Inc
Mls Name: NWMLS
Mls Provider:
Mls ID: #2376033
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 04:14:41 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
