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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 525 Summit Lake Shore Rd NW, Olympia, WA, 98502 listed at $1,492,000 pairs $3,750/mo rent with a $7,303/mo payment. Total monthly income runs $3,750/mo. Return on cash invested measures 6.63% in year one, and rental yield registers 3.02% at a $1,492,000 basis. Equity gained on principal adds $9,628/yr, and annual property appreciation at 5% supports $412,212 by year five. Five-year ROI tracks 31.6% and total cumulative return in cash totals $152,756. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,750/mo property income relative to a $7,303/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98502, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,410 (100%) |
| Owner Occupied HU | 8,622 (52.5%) |
| Renter Occupied HU | 6,848 (41.7%) |
| Vacant Housing Units | 940 ( 5.7%) |
| Median Home Value | $624,493 |
| Average Home Value | $686,725 |
Residential
15,624
Single Family
12,821
Multi-Family
2,803
Businesses
966
Date | Event | Price |
|---|---|---|
| 2025-07-23 | Listing removed | $2,500,000 |
| 2025-07-18 | Listed for sale | $2,500,000 |
| 2021-03-24 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $16303.86 | 0.01% | $1,492,000 | 0.82% |
| 2023-10-21 | $16301.55 | 14.42% | $1,479,800 | 12.47% |
| 2022-10-21 | $14246.89 | 0.01% | $1,315,700 | 14.20% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
