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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 Olympia at 5424 Cedar Flats Road SW, Olympia, WA, 98512 generates $3,984/mo in rent, after a $4,400/mo payment. Total monthly income is $3,984/mo. Return on cash invested sits at 14.3% in year one, and rental yield is 5.32% on a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 72.5% and total cumulative return in cash sums $214,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,984/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
2.74 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Pamela Brechwald • RE/MAX Parkside Affiliates
Mls Name: NWMLS
Mls ID: #2433548
