








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 2327 Log Cabin Road SE, Olympia, WA, 98501 earns from $4,099/mo rent with a $3,989/mo payment. Total monthly income totals $4,099/mo. ROI tracks 16.48% on current figures, and rental yield reads 6.04% at a $815,000 purchase. Equity gained on principal adds $5,259/yr, and 5% annual appreciation supports $225,169 over five years. Five-year ROI reaches 84.18% and total cumulative return in cash sums $225,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,099/mo property income instead of your personal income.
Single Family
Built in 1988
0.47 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-20 | Sold | $815,000 |
| 2025-05-21 | Pending sale | $775,000 |
| 2025-05-15 | Listed for sale | $775,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $5981.72 | -8.86% | $570,800 | -9.06% |
| 2023-10-27 | $6563.13 | 3.57% | $627,700 | -1.21% |
| 2022-10-27 | $6336.78 | 0.27% | $635,400 | 20.09% |



Listed by: Rhonda C Olnick • Redfin
Mls Name: NWMLS
Mls Provider:
Mls ID: #2373221
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 04:30:07 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)