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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 1350 Alonda Lane NE, Olympia, WA, 98516 earns $211/mo cash flow from $872/mo rent with a $538/mo payment. Total monthly income totals $872/mo, and annual cash flow totals $2,535/yr on $36,432 capital. ROI tracks 26.87% on current figures, and rental yield reads 9.52% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 140.06% and total cumulative return in cash sums $51,028. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $872/mo property income instead of your personal income.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,914 (100%) |
| Owner Occupied HU | 8,504 (65.9%) |
| Renter Occupied HU | 3,718 (28.8%) |
| Vacant Housing Units | 692 ( 5.4%) |
| Median Home Value | $607,295 |
| Average Home Value | $636,201 |
Residential
12,784
Single Family
10,957
Multi-Family
1,827
Businesses
682
Date | Event | Price |
|---|---|---|
| 2025-06-19 | Listed for sale | $109,900 |
| 2017-03-08 | Sold | $25,000 |
| 2017-02-22 | Pending sale | $27,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | N/A | N/A | $80,100 | 13.62% |
| 2023-06-19 | $672.22 | 9.84% | $70,500 | 10.68% |
| 2022-06-19 | $611.99 | 16.47% | $63,700 | 40.93% |
Listed by: Hyun Rim • Keller Williams South Sound
Mls Name: NWMLS
Mls Provider:
Mls ID: #2389289
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)
