








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 Centralia at 20215 STATE ROUTE 507 SE, Centralia, WA, 98531 offers a 4.85% rental yield on a $750,000 purchase with $3,031/mo rent. 87% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 64.86% and total cumulative return in cash at $160,038. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,031/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
5.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98531, Centralia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,057 (100%) |
| Owner Occupied HU | 6,565 (59.4%) |
| Renter Occupied HU | 3,939 (35.6%) |
| Vacant Housing Units | 553 ( 5.0%) |
| Median Home Value | $437,223 |
| Average Home Value | $476,127 |
Residential
10,504
Single Family
9,930
Multi-Family
574
Businesses
1,024
Date | Event | Price |
|---|---|---|
| 2025-05-19 | Listed for sale | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-21 | N/A | N/A | $403,200 | -4.79% |
| 2023-05-21 | $3114.21 | -12.52% | $423,500 | 1.56% |
| 2022-05-21 | $3559.71 | 3.68% | $417,000 | 23.81% |



Listed by: Forest Bailey • On Point Real Estate
Mls Name: NWMLS
Mls Provider:
Mls ID: #2377833
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)