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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 7514 Greenridge St SW, Olympia, WA, 98512 generates $2,754/mo in rent and, after a $2,137/mo payment, leaves $57/mo in cash flow. Total monthly income is $2,754/mo, and annual cash flow is $683/yr on $144,766 invested. Return on cash invested sits at 20.38% in year one, and rental yield is 7.57% on a $436,700 entry. Equity gained on principal adds $2,818/yr, while 5% annual appreciation builds toward $120,652 over five years. Five-year ROI reaches 105.34% and total cumulative return in cash sums $152,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98512, Olympia, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,604 (100%) |
| Owner Occupied HU | 9,222 (67.8%) |
| Renter Occupied HU | 3,991 (29.3%) |
| Vacant Housing Units | 391 ( 2.9%) |
| Median Home Value | $566,641 |
| Average Home Value | $597,686 |
Residential
12,888
Single Family
11,031
Multi-Family
1,857
Businesses
506
Date | Event | Price |
|---|---|---|
| 2022-01-26 | Sold | $400,000 |
| 2022-01-10 | Pending sale | $390,000 |
| 2022-01-04 | Listed for sale | $390,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $4538.75 | 3.72% | $416,500 | 6.03% |
| 2023-10-21 | $4376.12 | 8.13% | $392,800 | 7.53% |
| 2022-10-21 | $4047.14 | 129.56% | $365,300 | 171.60% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
