








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 6610 6th Ave SE, Olympia, WA, 98503 generates $4,132/mo in rent and, after a $3,244/mo payment, leaves $80/mo in cash flow. Total monthly income is $4,132/mo, and annual cash flow is $961/yr on $218,028 invested. Return on cash invested sits at 20.5% in year one, and rental yield is 7.48% on a $662,700 entry. Equity gained on principal adds $4,276/yr, while 5% annual appreciation builds toward $183,092 over five years. Five-year ROI reaches 105.9% and total cumulative return in cash sums $230,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,132/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98503, Lacey, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,864 (100%) |
| Owner Occupied HU | 9,569 (53.6%) |
| Renter Occupied HU | 7,421 (41.5%) |
| Vacant Housing Units | 874 ( 4.9%) |
| Median Home Value | $489,421 |
| Average Home Value | $552,195 |
Residential
17,227
Single Family
14,773
Multi-Family
2,454
Businesses
707
Date | Event | Price |
|---|---|---|
| 2025-09-24 | Listing removed | $679,000 |
| 2025-08-06 | Listed for sale | $679,000 |
| 2025-07-23 | Listing removed | $679,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $6379.53 | 15.24% | $609,300 | 6.15% |
| 2023-10-18 | $5535.63 | -5.04% | $574,000 | -5.56% |
| 2022-10-18 | $5829.57 | 3.81% | $607,800 | 29.43% |



Listed by: N/A • N/A
Mls Name: NextHome
Mls Provider:
Mls ID: #2381350