








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 3722 Delphi Road SW, OLYMPIA, WA, 98512 uses $155,474 cash to close to unlock $75/yr annual cash flow and $6/mo monthly cash flow. Total monthly income runs $2,826/mo, and a $2,296/mo payment keeps the spread at $6/mo. Purchase price stands at $469,000, and rental yield measures 7.23% with $2,826/mo rent. Return on cash invested shows 19.96% in year one, and 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 102.88% and total cumulative return in cash records $159,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,826/mo property income covering a $2,296/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
0.85 Acres 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $469,000 |
| 2024-07-09 | Sold | $237,950 |
| 2018-11-09 | Sold | $233,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-05-31 | $360.08 | -7.27% | $26,400 | -4.35% |
| 2017-05-31 | $388.33 | N/A | $27,600 | 5.34% |
| 2016-05-31 | $388.33 | N/A | $26,200 | -10.58% |



Listed by: Chris C. Nye • MLS4owners.com
Mls Name: NWMLS
Mls Provider:
Mls ID: #2382769
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)