








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 311 Ranger Drive SE, Olympia, WA, 98503 at $499,000 posts ROI 20.99% with $149/mo cash flow from $3,148/mo rent. Total monthly income equals $3,148/mo, and annual cash flow records $1,785/yr on $165,419 to close. Return on cash invested measures 20.99% and rental yield reads 7.57% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 108.38% and total cumulative return in cash totals $179,286.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,148/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98503, Lacey, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,864 (100%) |
| Owner Occupied HU | 9,569 (53.6%) |
| Renter Occupied HU | 7,421 (41.5%) |
| Vacant Housing Units | 874 ( 4.9%) |
| Median Home Value | $489,421 |
| Average Home Value | $552,195 |
Residential
17,227
Single Family
14,773
Multi-Family
2,454
Businesses
707
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: Brittany Ulrich • NextHome South Sound
Mls Name: NWMLS
Mls ID: #2453179