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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 406 76th Way NE, Olympia, WA, 98506 projects strong ROI of 3.05%. Rental yield 1.62%. With 5% annual appreciation, the property builds $925,543 in value over five years. Equity growth combined delivers a projected five-year ROI of 12.11%, translating into $131,472 in total cumulative return on $1,085,400 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1965
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98506, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,575 (100%) |
| Owner Occupied HU | 5,252 (61.2%) |
| Renter Occupied HU | 3,001 (35.0%) |
| Vacant Housing Units | 322 ( 3.8%) |
| Median Home Value | $598,942 |
| Average Home Value | $672,860 |
Residential
8,579
Single Family
7,356
Multi-Family
1,223
Businesses
519
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $3,350,000 |
| 2000-07-21 | Sold | $630,870 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $28775.83 | 13.76% | $2,672,600 | 8.07% |
| 2023-06-27 | $25295.47 | 23.38% | $2,473,000 | 17.76% |
| 2022-06-27 | $20502.28 | 2.02% | $2,100,100 | 19.36% |
Listed by: Spence Weigand • Virgil Adams Real Estate, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2398867
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)
