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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 4821 58th Avenue SE, Olympia, WA, 98513 listed at $515,000 pairs $2,780/mo rent with a $2,521/mo payment. Total monthly income runs $2,780/mo. Return on cash invested measures 17.63% in year one, and rental yield registers 6.48% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 90.41% and total cumulative return in cash totals $153,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,780/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
8,211 sqft lot
$N/A/sqft
$27 monthly HOA
Neighborhood data shown for ZIP Code: 98513, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,819 (100%) |
| Owner Occupied HU | 11,004 (69.6%) |
| Renter Occupied HU | 4,082 (25.8%) |
| Vacant Housing Units | 733 ( 4.6%) |
| Median Home Value | $550,463 |
| Average Home Value | $601,450 |
Residential
13,648
Single Family
13,264
Multi-Family
384
Businesses
71
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $515,000 |
| 2022-05-31 | Sold | $475,000 |
| 2022-05-12 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-29 | N/A | N/A | $386,700 | 4.20% |
| 2023-03-29 | $3550.45 | 15.95% | $371,100 | 15.46% |
| 2022-03-29 | $3062.18 | -2.16% | $321,400 | 19.75% |
Listed by: Ashley Diaz • Simply Sound Homes
Mls Name: NWMLS
Mls Provider:
Mls ID: #2351625
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)
