4620 Wiggins Road SEOlympiaWA98501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Olympia at 4620 Wiggins Road SE, Olympia, WA, 98501 generates $4,790/mo in rent, after a $5,038/mo payment. Total monthly income is $4,790/mo. Return on cash invested sits at 15.11% in year one, and rental yield is 5.58% on a $1,029,325 entry. Equity gained on principal adds $6,642/yr, while 5% annual appreciation builds toward $284,384 over five years. Five-year ROI reaches 76.85% and total cumulative return in cash sums $256,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,790/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
1.43 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,322 (100%) |
| Owner Occupied HU | 12,616 (59.2%) |
| Renter Occupied HU | 7,848 (36.8%) |
| Vacant Housing Units | 858 ( 4.0%) |
| Median Home Value | $574,804 |
| Average Home Value | $591,558 |
Housing Distribution
Address Breakdown
Residential
20,128
Single Family
17,521
Multi-Family
2,607
Businesses
1,559
Price History
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Sold | $1,029,325 |
| 2025-08-25 | Pending sale | $1,099,999 |
| 2025-06-25 | Price change | $1,099,999 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $9432.33 | 20.64% | $899,500 | 11.32% |
| 2023-10-27 | $7818.50 | -11.44% | $808,000 | -10.92% |
| 2022-10-27 | $8828.09 | 77.75% | $907,000 | 117.30% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2021
- Architectural Style: N/A
- Building Area: 3,341
- Living Area: 3,341 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Fireplace, Forced Air, Heat Pump, Electric, Natural Gas
- Cooling: Forced Air, Heat Pump
- Flooring: Ceramic Tile, Engineered Hardwood, Carpet
- Interior Features: Bath Off Primary, Ceiling Fan(s), Dining Room, Walk-In Pantry
- Exterior Features: N/A
- Parking Features: Driveway, Attached Garage, Off Street, RV Parking
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Xfinity, Xfinity
- Sewer: Septic Tank, Company: Septic
- Water Source: Public, Company: City of Olympia
- Road Surface Type: N/A
School Information
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Listed by: Mark Kitabayashi • Windermere Prof Partners
Mls Name: NWMLS
Mls Provider:
Mls ID: #2370288
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 04:30:07 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)