








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 5221 Concolor Court SW, Olympia, WA, 98512 at $409,950 posts ROI 19.61% with from $2,472/mo rent. Total monthly income equals $2,472/mo. Return on cash invested measures 19.61% and rental yield reads 7.24% at the current $409,950. Equity gained on principal adds $2,645/yr, and 5% annual appreciation supports $113,262 by year five. Five-year ROI prints 101.13% and total cumulative return in cash totals $137,432. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,472/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.32 Acres lot
$N/A/sqft
$305 annually HOA
Neighborhood data shown for ZIP Code: 98512, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,604 (100%) |
| Owner Occupied HU | 9,222 (67.8%) |
| Renter Occupied HU | 3,991 (29.3%) |
| Vacant Housing Units | 391 ( 2.9%) |
| Median Home Value | $566,641 |
| Average Home Value | $597,686 |
Residential
12,888
Single Family
11,031
Multi-Family
1,857
Businesses
506
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $409,950 |
| 2022-10-14 | Sold | $400,000 |
| 2022-09-15 | Pending sale | $409,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | N/A | N/A | $343,800 | 5.95% |
| 2023-04-18 | $3636.57 | -3.29% | $324,500 | -4.16% |
| 2022-04-18 | $3760.19 | 6.56% | $338,600 | 21.32% |



Listed by: Jeanne Tranum • Coldwell Banker Evergreen
Mls Name: NWMLS
Mls Provider:
Mls ID: #2357659
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)