








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 5415 Johnson Point Road NE, Olympia, WA, 98516 listed at $889,000 pairs $4,128/mo rent with a $4,351/mo payment. Total monthly income runs $4,128/mo. Return on cash invested measures 15.07% in year one, and rental yield registers 5.57% at a $889,000 basis. Equity gained on principal adds $5,737/yr, and annual property appreciation at 5% supports $245,614 by year five. Five-year ROI tracks 76.64% and total cumulative return in cash totals $224,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,128/mo property income relative to a $4,351/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
5.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.
| 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 |
Residential
12,784
Single Family
10,957
Multi-Family
1,827
Businesses
682
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jami R. Downing • Abbey Realty Inc
Mls Name: NWMLS
Mls ID: #2406120