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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 3121 Langridge Avenue NW, Olympia, WA, 98502 listed at $535,000 pairs $3,078/mo rent with a $2,619/mo payment. Total monthly income runs $3,078/mo. Return on cash invested measures 19.12% in year one, and rental yield registers 6.9% at a $535,000 basis. Equity gained on principal adds $3,452/yr, and annual property appreciation at 5% supports $147,811 by year five. Five-year ROI tracks 98.33% and total cumulative return in cash totals $173,080. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,078/mo property income relative to a $2,619/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
8,555 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98502, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,410 (100%) |
| Owner Occupied HU | 8,622 (52.5%) |
| Renter Occupied HU | 6,848 (41.7%) |
| Vacant Housing Units | 940 ( 5.7%) |
| Median Home Value | $624,493 |
| Average Home Value | $686,725 |
Residential
15,624
Single Family
12,821
Multi-Family
2,803
Businesses
966
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: Rose Shepherd • Castle Realty Inc
Mls Name: NWMLS
Mls ID: #2422569
