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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% |
Rental property for sale in Olympia at 5011 Chambers Creek Loop SE, Olympia, WA, 98501 priced at $550,000 converts $2,938/mo rent into after a $2,692/mo obligation. Total monthly income equals $2,938/mo. Return on cash invested prints 16.98% in year one, and rental yield reads 6.41% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 87.1% and total cumulative return in cash sums $157,606. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,938/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2001
3,889 sqft lot
$N/A/sqft
$544 annually HOA
Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.
| 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 |
Residential
20,128
Single Family
17,521
Multi-Family
2,607
Businesses
1,559
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Sold | $550,000 |
| 2025-05-23 | Pending sale | $560,000 |
| 2025-05-16 | Listed for sale | $560,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $5238.36 | 6.92% | $500,300 | 7.08% |
| 2023-10-30 | $4899.24 | 1.41% | $467,200 | -3.63% |
| 2022-10-30 | $4831.00 | 5.74% | $484,800 | 25.24% |
Listed by: Andrew Maglalang-Weakley • Redfin
Mls Name: NWMLS
Mls Provider:
Mls ID: #2366878
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 04:14:42 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)
