209 Serene View (Lot 3) Place NWOlympiaWA98502
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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
Investment Highlights
Investment property for sale in Olympia at 209 Serene View (Lot 3) Place NW, Olympia, WA, 98502 listed at $634,950 pairs $3,659/mo rent with a $3,108/mo payment. Total monthly income runs $3,659/mo. Return on cash invested measures 18.54% in year one, and rental yield registers 6.92% at a $634,950 basis. Equity gained on principal adds $4,097/yr, and annual property appreciation at 5% supports $175,425 by year five. Five-year ROI tracks 95.44% and total cumulative return in cash totals $199,373. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,659/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
4,499 sqft lot
$N/A/sqft
$107 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98502, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,410 (100%) |
| Owner Occupied HU | 8,622 (52.5%) |
| Renter Occupied HU | 6,848 (41.7%) |
| Vacant Housing Units | 940 ( 5.7%) |
| Median Home Value | $624,493 |
| Average Home Value | $686,725 |
Housing Distribution
Address Breakdown
Residential
15,624
Single Family
12,821
Multi-Family
2,803
Businesses
966
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Listed by: Jennifer Sherwood • KB Home Sales
Mls Name: NWMLS
Mls Provider:
Mls ID: #2439060
Disclaimer: Based on information submitted to the MLS GRID as of 2026-02-05 23:53:57 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)