213 Serene View Pl NW, Olympia, WA, 98502 | 7.02% Rental Yield

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213 Serene View Pl NW, Olympia, WA, 98502 | 7.02% 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 213 Serene View Pl NW, Olympia, WA, 98502 earns from $3,570/mo rent with a $2,985/mo payment. Total monthly income totals $3,570/mo. ROI tracks 19.49% on current figures, and rental yield reads 7.02% at a $609,950 purchase. Equity gained on principal adds $3,936/yr, and 5% annual appreciation supports $168,518 over five years. Five-year ROI reaches 100.3% and total cumulative return in cash sums $201,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,570/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

This lovely, two-story home showcases an open floor plan with 9-ft. ceilings and luxury vinyl plank flooring throughout main living areas. The spacious great room boasts a linear electric fireplace. Whip up culinary delights in the kitchen, which includes an island, stainless steel appliances, quartz backsplash and 42-in. upper cabinets. Upstairs, a loft provides space for a home office or playroom. The relaxing primary suite features a spa-like connecting bath that offers a large walk-in closet, dual-sink vanity, linen closet, walk-in shower and enclosed water closet. This ENERGY STAR certified home is built for long-term efficiency and comfort. Unwind after a long day on the covered back patio, which overlooks the landscaped and fenced backyard. 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