








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 4538 NE 20th Way, Olympia, WA, 98516 offers a 8.7% rental yield on a $492,000 purchase with $3,568/mo rent. Total monthly income registers $3,568/mo, and a $2,408/mo payment leaves $611/mo available for distribution. Annual cash flow reaches $7,327/yr on $163,098 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $3,175/yr while 5% annual appreciation supports $135,931 over five years. Portfolio math shows five-year ROI at 126.7% and total cumulative return in cash at $206,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,568/mo property income against a $2,408/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,914 (100%) |
| Owner Occupied HU | 8,504 (65.9%) |
| Renter Occupied HU | 3,718 (28.8%) |
| Vacant Housing Units | 692 ( 5.4%) |
| Median Home Value | $607,295 |
| Average Home Value | $636,201 |
Residential
12,784
Single Family
10,957
Multi-Family
1,827
Businesses
682
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: Jared English • Congress Realty
Mls Name: NWMLS
Mls ID: #2451908