2226 Greenfield Street SEOlympiaWA98501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Olympia at 2226 Greenfield Street SE, Olympia, WA, 98501 priced at $543,500 pairs $2,911/mo rent with after a $2,660/mo payment. Total monthly income equals $2,911/mo. Return on cash invested is 17.22% in year one, and rental yield stands at 6.43% on a $543,500 basis. Equity gained on principal adds $3,507/yr, and 5% annual appreciation accumulates to $150,159 by year five. Five-year ROI measures 88.31% and total cumulative return in cash reaches $157,905. For financing, Ziffy Mortgage’s DSCR program evaluates $2,911/mo property income against a $2,660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
6,507 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,128
Single Family
17,521
Multi-Family
2,607
Businesses
1,559
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Listed by: Sue Wise • RE/MAX Northwest
Mls Name: NWMLS
Mls Provider:
Mls ID: #2374521
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 04:59:30 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)