626 Alocasia St NE, Olympia, WA, 98506 | 4.38% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

626 Alocasia St NE, Olympia, WA, 98506 | 4.38% Rental Yield | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2378 sft

2919 6th Ave NE, Olympia, WA, 98506

4 Bed
2 Bath
1984 sft

5424 Schoth Street SW, Tumwater, WA, 98512

6 Bed
3 Bath
2745 sft

2925 6th Avenue NE, Olympia, WA, 98506

4 Bed
3 Bath
2378 sft

2907 6th Ave NE, Olympia, WA, 98506

Nearby investment properties with comparable prices

3 Bed
2 Bath
1404 sft

19619 Michigan Hill Road SW, Rochester, WA, 98579

3 Bed
2 Bath
2895 sft

1503 6th Avenue SW, Olympia, WA, 98502

4 Bed
3 Bath
2189 sft

1803 65th Court SE, Tumwater, WA, 98501

5 Bed
3 Bath
2533 sft

2913 6th Avenue NE #03, Olympia, WA, 98506

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Olympia at 626 Alocasia St NE, Olympia, WA, 98506 earns from $2,154/mo rent with a $2,888/mo payment. Total monthly income totals $2,154/mo. ROI tracks 11.45% on current figures, and rental yield reads 4.38% at a $590,000 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 over five years. Five-year ROI reaches 57.22% and total cumulative return in cash sums $111,076. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,154/mo property income instead of your personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Noah at Pattison Place features two stories of inspired space, designed to suit your daily living and entertaining needs. As you enter the home from the generous front porch, you'll find a hall bath and a secluded study-perfect for privacy and relaxation. The long foyer leads to an open-concept great room and a well-appointed kitchen-boasting a generous center island, a roomy pantry and a charming dining area with direct access to the patio. Upstairs, there are three secondary bedrooms, a hall bathroom, a spacious bonus room and a convenient laundry room. Completing the upper level is a stunning owner's suite-showcasing a large walk-in closet and a deluxe bathroom with dual vanities and a walk-in shower.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98506, Olympia, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,575 (100%)
Owner Occupied HU	5,252 (61.2%)
Renter Occupied HU	3,001 (35.0%)
Vacant Housing Units	322 ( 3.8%)
Median Home Value	$598,942
Average Home Value	$672,860