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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 Tumwater at 517 W Street SE, Tumwater, WA, 98501 priced at $410,000 pairs $2,452/mo rent with after a $2,007/mo payment. Total monthly income equals $2,452/mo. Return on cash invested is 19.47% in year one, and rental yield stands at 7.18% on a $410,000 basis. Equity gained on principal adds $2,646/yr, and 5% annual appreciation accumulates to $113,275 by year five. Five-year ROI measures 100.4% and total cumulative return in cash reaches $136,463. For financing, Ziffy Mortgage’s DSCR program evaluates $2,452/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
10,654 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-08-13 | Sold | $410,000 |
| 2025-07-25 | Pending sale | $425,000 |
| 2025-06-19 | Price change | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $3887.51 | 5.26% | $390,400 | 5.89% |
| 2023-10-28 | $3693.15 | 5.58% | $368,700 | 2.93% |
| 2022-10-28 | $3498.07 | 3.23% | $358,200 | 24.50% |
Listed by: Marti Baker • MVP Realty Group
Mls Name: NWMLS
Mls Provider:
Mls ID: #2376380
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 04:14:41 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)
