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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 3324 51st Court SE, Olympia, WA, 98501 listed at $665,000 pairs $3,069/mo rent with a $3,255/mo payment. Total monthly income runs $3,069/mo. Return on cash invested measures 14.97% in year one, and rental yield registers 5.54% at a $665,000 basis. Equity gained on principal adds $4,291/yr, and annual property appreciation at 5% supports $183,727 by year five. Five-year ROI tracks 76.08% and total cumulative return in cash totals $166,459. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,069/mo property income relative to a $3,255/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
4,051 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Matt Perkins • Olympic Sotheby's Int'l Realty
Mls Name: NWMLS
Mls ID: #2449218
