5539 72nd Lane NEOlympiaWA98516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Olympia at 5539 72nd Lane NE, Olympia, WA, 98516 earns from $4,834/mo rent with a $5,873/mo payment. Total monthly income totals $4,834/mo. ROI tracks 12.97% on current figures, and rental yield reads 4.83% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 65.33% and total cumulative return in cash sums $254,015. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,834/mo property income instead of your personal income.
Single Family
Built in 2007
5.01 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $1,200,000 |
| 2021-03-24 | Listing removed | N/A |
| 2015-02-02 | Sold | $614,719 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | N/A | N/A | $1,159,900 | 8.59% |
| 2023-05-27 | $10279.81 | 1.55% | $1,068,100 | 2.74% |
| 2022-05-27 | $10122.94 | -2.80% | $1,039,600 | 16.27% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2007
- Architectural Style: Craftsman
- Building Area: 4,100
- Living Area: 4,100 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Fireplace(s), Forced Air, Heat Pump
- Cooling: Forced Air, Heat Pump
- Flooring: Ceramic Tile, Laminate
- Interior Features: Bath Off Primary, Central Vacuum, Ceiling Fan(s), Dining Room
- Exterior Features: N/A
- Parking Features: Attached Garage, RV Parking
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Xfinity, Xfinity
- Sewer: Septic Tank, Company: Septic
- Water Source: Individual Well
- Road Surface Type: N/A
School Information
- Elementary School: South Bay Elem
- Middle School: Chinook Mid
- High School: North Thurston High
Listed by: Janet Sallee • Windermere Real Estate Olympia
Mls Name: NWMLS
Mls Provider:
Mls ID: #2380489
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)