4116 Libby Road, Olympia, WA, 98506 | 4.92% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Olympia at 4116 Libby Road, Olympia, WA, 98506 listed at $925,000 pairs $3,793/mo rent with a $4,527/mo payment. Total monthly income runs $3,793/mo. Return on cash invested measures 13.09% in year one, and rental yield registers 4.92% at a $925,000 basis. Equity gained on principal adds $5,969/yr, and annual property appreciation at 5% supports $255,560 by year five. Five-year ROI tracks 66.03% and total cumulative return in cash totals $200,953. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,793/mo property income relative to a $4,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1957

4.78 Acres lot

$N/A/sqft

No HOA

More details about the property

Set on acres of lush green lawn and towering evergreens, this light-filled home impresses from the moment you walk in. The open kitchen is a true chefs domain: Viking appliances, a walk-in pantry, custom ash cabinetry, and a huge island w/ plenty of seating. Vaulted ceilings and a wall of windows flood the living space with natural light that dances on the wood floors. The primary suite is a retreat of its own with a fireplace, walk-in closet, and spa bath. Step out to the massive deck with hot tub, built-in stone pizza oven/fireplace, ideal for entertaining under the stars. With solar power, a large outbuilding, and a salmon-bearing creek meandering through your forest, this one has it all. Just minutes from town, yet worlds away.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98506, Olympia, WA area.

Housing Distribution

Housing Statistics

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