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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 624 Hidden Forest Drive SE, Olympia, WA, 98513 with 5% annual appreciation on a $620,000 basis while $2,959/mo rent supports operations. 54% in year one. Equity gained on principal adds $4,001/yr, and five-year appreciation sums $171,295 alongside rental yield of 5.73%. Five-year ROI measures 79.16% and total cumulative return in cash totals $161,463. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,959/mo property income versus a $3,035/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
9,966 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98513, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,819 (100%) |
| Owner Occupied HU | 11,004 (69.6%) |
| Renter Occupied HU | 4,082 (25.8%) |
| Vacant Housing Units | 733 ( 4.6%) |
| Median Home Value | $550,463 |
| Average Home Value | $601,450 |
Residential
13,648
Single Family
13,264
Multi-Family
384
Businesses
71
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $620,000 |
| 2005-05-05 | Sold | $209,000 |
| 1998-07-23 | Sold | $129,045 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | N/A | N/A | $441,200 | 15.98% |
| 2023-03-14 | $3715.20 | 0.69% | $380,400 | 0.16% |
| 2022-03-14 | $3689.87 | -1.21% | $379,800 | 20.65% |
Listed by: Jason Munoz • Keller Williams South Sound
Mls Name: NWMLS
Mls Provider:
Mls ID: #2343127
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)
