209 Serene View Pl NW, Olympia, WA, 98502 | 6.59% Rental Yield

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209 Serene View Pl NW, Olympia, WA, 98502 | 6.59% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Olympia at 209 Serene View Pl NW, Olympia, WA, 98502 with 5% annual appreciation on a $649,950 basis while $3,570/mo rent supports operations. 17% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,569 alongside rental yield of 6.59%. Five-year ROI measures 93.26% and total cumulative return in cash totals $199,426. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,570/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Designed for style and functionality, this stunning, two-story home showcases an open floor plan with 9-ft. ceilings, luxury vinyl plank flooring and a great room that boasts a contemporary linear electric fireplace. The chef's kitchen includes stainless steel appliances, an island, walk-in pantry, pendant light pre-wiring, quartz backsplash, 42-in. upper cabinets and a walk-in pantry. Upstairs, the loft is perfect for a home office or game area. The private primary suite features a walk-in closet and connecting bath that offers a full walk-in shower, enclosed water closet and dual-sink vanity. This ENERGY STAR certified home is built for long-term efficiency and comfort. Outside, enjoy the landscaped and fenced backyard, which backs to open space and features a covered concrete back patio for entertaining or relaxing. Contact a sales counselor to learn more about move-in availability.

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