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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 2044 Springer Hills Lane SE, Olympia, WA, 98501 earns from $4,114/mo rent with a $4,160/mo payment. Total monthly income totals $4,114/mo. ROI tracks 15.35% on current figures, and rental yield reads 5.81% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 78.27% and total cumulative return in cash sums $218,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,114/mo property income instead of your personal income.
Single Family
Built in 1999
6.55 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,322 (100%) |
| Owner Occupied HU | 12,616 (59.2%) |
| Renter Occupied HU | 7,848 (36.8%) |
| Vacant Housing Units | 858 ( 4.0%) |
| Median Home Value | $574,804 |
| Average Home Value | $591,558 |
Residential
20,128
Single Family
17,521
Multi-Family
2,607
Businesses
1,559
Date | Event | Price |
|---|---|---|
| 2025-09-03 | Sold | $850,000 |
| 2025-08-08 | Pending sale | $825,000 |
| 2025-07-17 | Listed for sale | $825,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $7684.25 | 7.49% | $763,800 | 9.16% |
| 2023-10-20 | $7149.11 | 12.39% | $699,700 | 8.78% |
| 2022-10-20 | $6361.07 | 5.61% | $643,200 | 26.19% |
Listed by: Anya L. Myer • RE/MAX Parkside Affiliates
Mls Name: NWMLS
Mls Provider:
Mls ID: #2409241
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)
