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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% |
Rental property for sale in Olympia at 4033 60th Avenue SW, Olympia, WA, 98512 generates $3,071/mo in rent, after a $2,761/mo payment. Total monthly income is $3,071/mo. Return on cash invested sits at 17.72% in year one, and rental yield is 6.53% on a $564,000 entry. Equity gained on principal adds $3,639/yr, while 5% annual appreciation builds toward $155,823 over five years. Five-year ROI reaches 90.95% and total cumulative return in cash sums $168,769. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,071/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.27 Acres lot
$N/A/sqft
$350 annually 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 |
|---|---|---|
| 2025-06-16 | Sold | $564,000 |
| 2025-05-20 | Pending sale | $565,000 |
| 2025-05-16 | Listed for sale | $565,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $4892.71 | 0.85% | $449,900 | 3.02% |
| 2023-10-30 | $4851.46 | 153.61% | $436,700 | 2.37% |
| 2022-10-30 | $1912.95 | -57.47% | $426,600 | 19.00% |
Listed by: Tony Santa Cruz • Blue Summit Realty LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2375597
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 04:04:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
