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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 5811 Ashbourne Lane SE, Olympia, WA, 98501 priced at $737,950 pairs $3,628/mo rent with after a $3,612/mo payment. Total monthly income equals $3,628/mo. Return on cash invested is 15.5% in year one, and rental yield stands at 5.9% on a $737,950 basis. Equity gained on principal adds $4,762/yr, and 5% annual appreciation accumulates to $203,882 by year five. Five-year ROI measures 79.11% and total cumulative return in cash reaches $192,074. For financing, Ziffy Mortgage’s DSCR program evaluates $3,628/mo property income against a $3,612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
6,459 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood data shown for ZIP Code: 98501, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,322 (100%) |
| Owner Occupied HU | 12,616 (59.2%) |
| Renter Occupied HU | 7,848 (36.8%) |
| Vacant Housing Units | 858 ( 4.0%) |
| Median Home Value | $574,804 |
| Average Home Value | $591,558 |
Residential
20,128
Single Family
17,521
Multi-Family
2,607
Businesses
1,559
Date | Event | Price |
|---|---|---|
| 2025-03-02 | Listed for sale | $737,950 |
| 2022-03-30 | Sold | $745,000 |
| 2022-02-22 | Pending sale | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-04 | N/A | N/A | $605,700 | 10.07% |
| 2023-03-04 | $5642.97 | 4.04% | $550,300 | 0.58% |
| 2022-03-04 | $5423.59 | -7.78% | $547,100 | 9.90% |
Listed by: Ocean Greens • Lucas Real Estate
Mls Name: NWMLS
Mls Provider:
Mls ID: #2332671
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)
