








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 2702 114th Way SW, Olympia, WA, 98512 listed at $399,000 pairs $3,234/mo rent with a $1,953/mo payment to leave $835/mo cash flow. Total monthly income runs $3,234/mo, and annual cash flow reaches $10,025/yr on $132,269 cash to close. Return on cash invested measures 27.49% in year one, and rental yield registers 9.73% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 143.26% and total cumulative return in cash totals $189,494. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,234/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1984
10,402 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98512, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,604 (100%) |
| Owner Occupied HU | 9,222 (67.8%) |
| Renter Occupied HU | 3,991 (29.3%) |
| Vacant Housing Units | 391 ( 2.9%) |
| Median Home Value | $566,641 |
| Average Home Value | $597,686 |
Residential
12,888
Single Family
11,031
Multi-Family
1,857
Businesses
506
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: Jessica Kammeyer • Redfin
Mls Name: NWMLS
Mls ID: #2428487