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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 2906 Sleepy Creek Lane NE, Olympia, WA, 98506 listed at $379,950 pairs $2,640/mo rent with a $1,860/mo payment to leave $356/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $4,269/yr on $125,953 cash to close. Return on cash invested measures 23.3% in year one, and rental yield registers 8.34% at a $379,950 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,973 by year five. Five-year ROI tracks 120.78% and total cumulative return in cash totals $152,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1987
4.93 Acres 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: George Sampson • Gateway Real Estate
Mls Name: NWMLS
Mls ID: #2413217
