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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 1727 Conger Avenue NW, Olympia, WA, 98502 with 5% annual appreciation on a $625,000 basis while $3,338/mo rent supports operations. 4% in year one. Equity gained on principal adds $4,033/yr, and five-year appreciation sums $172,676 alongside rental yield of 6.41%. Five-year ROI measures 89.21% and total cumulative return in cash totals $183,445. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,338/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
5,998 sqft 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 |
|---|---|---|
| 2025-06-16 | Sold | $625,000 |
| 2025-05-19 | Pending sale | $625,000 |
| 2025-05-16 | Listed for sale | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $5690.70 | 3.62% | $543,000 | 3.41% |
| 2023-10-30 | $5491.77 | -2.50% | $525,100 | -7.01% |
| 2022-10-30 | $5632.59 | -1.17% | $564,700 | 18.36% |
Listed by: Benjamin Gaubert • Olympic Sotheby's Int'l Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2369123
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 04:14:42 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)
