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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 1409 4th Avenue E, Olympia, WA, 98506 listed at $550,000 pairs $2,546/mo rent with a $2,692/mo payment. Total monthly income runs $2,546/mo. Return on cash invested measures 15.02% in year one, and rental yield registers 5.55% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 76.35% and total cumulative return in cash totals $138,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,546/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1927
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98506, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,575 (100%) |
| Owner Occupied HU | 5,252 (61.2%) |
| Renter Occupied HU | 3,001 (35.0%) |
| Vacant Housing Units | 322 ( 3.8%) |
| Median Home Value | $598,942 |
| Average Home Value | $672,860 |
Residential
8,579
Single Family
7,356
Multi-Family
1,223
Businesses
519
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: Erin McCready • RE/MAX Realty South
Mls Name: NWMLS
Mls ID: #2409011
