Legacy Plan, Sleater Crossing, Olympia, WA, 98516 | 6.03% Rental Yield

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Legacy Plan, Sleater Crossing, Olympia, WA, 98516 | 6.03% 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

Total monthly income runs $3,568/mo, and a $3,475/mo payment. Purchase price stands at $709,995, and rental yield measures 6.03% with $3,568/mo rent. Return on cash invested shows 16.47% in year one, and 5% annual appreciation builds toward $196,159 over five years. Five-year ROI reaches 84.12% and total cumulative return in cash records $196,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,568/mo property income covering a $3,475/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

From the front door and preserved throughout, elegant touches and thoughtful design are sure to impress. Just off entry, a main floor bedroom is placed perfectly for a home office or cozy den. A formal dining room leads you into the spacious great room and kitchen, a joy to entertain and relax in. Towards the garage, discover additional storage and flex space with a walk-in pantry and versatile tech niche. Journey upstairs and explore the jaw-dropping primary suite's luxurious 5-piece bathroom and walk-in closet. Completing this superb home, an expansive bonus room, full bathroom, and three additional bedrooms bring the Legacy together.

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