8336 Bainbridge Loop NE, Lacey, WA, 98516 | 5.65% Rental Yield

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8336 Bainbridge Loop NE, Lacey, WA, 98516 | 5.65% 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 Lacey at 8336 Bainbridge Loop NE, Lacey, WA, 98516 offers a 5.65% rental yield on a $677,000 purchase with $3,190/mo rent. 32% in year one. Equity gained on principal adds $4,369/yr while 5% annual appreciation supports $187,043 over five years. Portfolio math shows five-year ROI at 77.98% and total cumulative return in cash at $173,695. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,190/mo property income against a $3,314/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

5,998 sqft lot

$N/A/sqft

No HOA

More details about the property

Elegant, Timeless, Classic Canterwood floorplan, close to the Lodge in desirable Jubilee 55+ community. This home has been lovingly cared for and updated with custom features throughout. Gleaming Hickory hardwood floors greet you as you enter and carry you to the grand living and dining area complete with views of the professionally landscaped backyard and fountain. Custom wainscoting adorns the doorways adding character and charm along with the built-ins around the fireplace & den area off the kitchen. In the primary bathroom a grand zero entry shower has been installed, and the guest bath has been upgraded with a walk-in hydrotherapy tub. A/C will keep you cool all summer long, & you will love the new roof and recently painted exterior.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,914 (100%)
Owner Occupied HU	8,504 (65.9%)
Renter Occupied HU	3,718 (28.8%)
Vacant Housing Units	692 ( 5.4%)
Median Home Value	$607,295
Average Home Value	$636,201