5223 Yearley Drive NEOlympiaWA98516
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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 5223 Yearley Drive NE, Olympia, WA, 98516 generates $3,053/mo in rent and, after a $2,266/mo payment, leaves $117/mo in cash flow. Total monthly income is $3,053/mo, and annual cash flow is $1,407/yr on $153,485 invested. Return on cash invested sits at 20.83% in year one, and rental yield is 7.91% on a $463,000 entry. Equity gained on principal adds $2,988/yr, while 5% annual appreciation builds toward $127,918 over five years. Five-year ROI reaches 107.97% and total cumulative return in cash sums $165,715. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,053/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
5,000 sqft lot
$N/A/sqft
$648 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,914 (100%) |
| Owner Occupied HU | 8,504 (65.9%) |
| Renter Occupied HU | 3,718 (28.8%) |
| Vacant Housing Units | 692 ( 5.4%) |
| Median Home Value | $607,295 |
| Average Home Value | $636,201 |
Housing Distribution
Address Breakdown
Residential
12,784
Single Family
10,957
Multi-Family
1,827
Businesses
682
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Listed by: Quincy Qualls • John L. Scott Lacey
Mls Name: NWMLS
Mls Provider:
Mls ID: #2391726
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 00:54:12 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)