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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% |
Rental property for sale in Olympia at 2213 Mill Street NE, Olympia, WA, 98506 generates $3,242/mo in rent, after a $2,981/mo payment. Total monthly income is $3,242/mo. Return on cash invested sits at 17.55% in year one, and rental yield is 6.39% on a $609,000 entry. Equity gained on principal adds $3,930/yr, while 5% annual appreciation builds toward $168,255 over five years. Five-year ROI reaches 89.91% and total cumulative return in cash sums $180,149. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,242/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
4,399 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: Jennifer Maldonado • John L. Scott Dupont
Mls Name: NWMLS
Mls ID: #2406375
